Taranaki economy feels the pinch

THE latest figures from the New Zealand government showed a 5.8% decline in regional gross domestic product in Taranaki, once the country’s biggest oil and gas hub.

07 April 2022
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According to industry peak body Energy Resources Aotearoa, the oil and gas sector provided about 11,000 direct and indirect jobs and contributed NZ$2.4 billion in GDP each year.

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