Pursuant to section 16 of the Crown Minerals Act 1991, the Draft Minerals Programme for Petroleum 2005 ("the programme") will be available for public inspection from Saturday, 26 June 2004, and any person may make submissions on the programme.
The programme outlines the proposed policies, procedures and provisions to be applied in respect of the allocation and management of petroleum, in particular:
(a) the efficient allocation of rights in respect of petroleum; and
(b) the Crown obtaining a fair financial return from petroleum.
The following items are included within the programme:
? An outline of the proposed policy framework within which decisions relating to the management of the country's petroleum resource are to be made.
? The proposed procedures for how the Crown will consult with tangata whenua, hapu and iwi as a Treaty partner in relation to the issue of new permits and ongoing matters under the Crown Minerals Act 1991.
? Land available for petroleum permit allocation and procedures for gaining access to land.
? Proposed methods of allocating petroleum permits, including matters to be taken into consideration when evaluating applications.
? The application of proposed conditions to the allocation of permits.
? Proposed procedures for granting changes to permits.
? Proposed procedures for coping with permit holders who do not comply with permit conditions.
? Proposed royalty provisions to apply to oil and gas production.
? A detailed summary of the reasons for and against adopting the proposed allocation framework.
? A detailed summary of the reasons for and against adopting the proposed royalty regime.
Hard copies of the programme have been forwarded to all major public libraries and to regional councils, on the request that they make the programme publicly available.
The general public can also inspect the programme at
the Ministry of Economic Development's Knowledge Management Unit, at the following address:
Knowledge Management
Ministry of Economic Development
Level Two
33 Bowen Street
Wellington
Additional hard copies of the programme may be purchased at a price of $15.00 per copy by phoning the Crown Minerals help line 0508 263 782.
Electronic copies of the programme can be obtained free of charge from the Crown Minerals web site:
www.crownminerals.govt.nz
Submissions on the programme should be made in writing and forwarded by either post, facsimile or email to:
Chief Executive of the Ministry of Economic Development
Care of Kristina Temel
Manager, Petroleum and Minerals Policy
Crown Minerals
Ministry of Economic Development
P.O. Box 1473
Wellington
Facsimile: (04) 499 0968.
Email: crown.minerals@med.govt.nz with the subject: Replacement Minerals Programme for Petroleum
All submissions must be received by the Chief Executive no later than Friday, 20 August 2004 at 5.00 p.m., and must include the reasons for the submission.
For further information, please contact Kristina Temel of
the Ministry of Economic Development at the above
postal address or fax number. Alternatively, email kristina.temel@med.govt.nz