The Ministry of Business, Innovation and Employment (MBIE) has today opened consultation on a proposed requirement for a minimum onshore fuel stockholding level and the options for how it can be achieved.
This discussion paper provides the basis for public consultation on the proposed fee options for permitted petroleum and minerals activity. The proposals outlined in this document are preliminary only and are subject to change. The closing date for submissions is midday, Friday, 12 August 2016.
Submissions are closed on the discussion document for the Review of the Crown Minerals Act 1991. The review sought to ensure the Act’s settings contribute to mining that responsibly balances environmental, social, and economic considerations and meets the evolving needs of New Zealand’s society.
In our report back to the Minister of Energy and Resources we agreed with the findings of the 2017 Fuel Market Financial Performance Study that further examination of the sector is warranted.