Articles tagged with Regulatory Framework
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NZ Removes Royalties on Cushion Gas to Boost Underground Gas Storage and Energy Security
08 Sep 2026 | 15 hours ago | 77 viewsThe New Zealand Government will end the requirement for developers to pay royalties on "cushion gas," which is operational gas needed to maintain pressure in underground gas storage but unlikely to be extracted or sold. This change aims to remove regulatory barriers, encouraging investment in underground gas storage to improve the flexibility, resilience, and long-term energy security of the country’s energy system. An independent expert will determine the portion of gas qualifying as cushion gas, while future regulatory reviews will assess the effectiveness of this measure in supporting energy security.
Tags: Shane Jones Methanex New Zealand Resources Minister underground gas storage energy security petroleum regulatory framework cushion gas electricity generation gas royaltiesTransforming New Zealand's Import Health Standards for Enhanced Efficiency and Biosecurity Protection
30 Jul 2025 | 1 year ago | 2815 viewsThe New Zealand Government is modernizing the import health system to reduce the time it takes to develop Import Health Standards (IHSs) while maintaining strong biosecurity protections. A regulatory efficiency program is underway, utilizing generative artificial intelligence to streamline the IHS development process. Pilot projects, such as the reform of the Plant Nursery Stock import system, aim to provide faster approvals for imported goods and support growth and productivity while safeguarding biosecurity.
Tags: Government New Zealand Import Health Standards Biosecurity Andrew Hoggard regulatory framework artificial intelligence Ministry for Primary Industries MPI