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New Zealand Oil Companies 2020-2025

Afoc 01 Aotearoa 2020-2025 Form

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in the tanac economy the oil and gas industry is helping employ over 5 a half thousand people it's contributing over a billion dollars to the GDP of our region you push that into the national context just under 8,000 people are employed now nationally by the industry and it's contributing over $2.5 billion dollar to the New Zealand economy we employ more than 400 people and we spend uh millions of dollars every year on Outsourcing uh large parts of our business to the Contracting community so there's a major impact on the community if it wasn't for the oil and gas industry in the Teran economy currently I believe we would be really feeling the global financial crisis and the the recessionary environment that that has hit Europe and the United States we would be feeling that to a far greater degree than we are the optimism and the activity generated by the oil and gas industry in Teran is holding this area up as a a beacon for the remainder of the country

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