Oil from N.Z. fish could earn $30M.
PA Tauranga A New Zealand fish species, the Orange Roughie, had the potential to produce 530 million of oil annually, the Minister for the Environment (Dr Shearer) has told a National Party meeting in Tauranga.
Found on the Chatham Rise recently, the Orange Roughie was described as a “fascinating character’’ by Dr Shearer.
He said oil from the fish was similar to sperm whale oil.
The importance of developing small industries, especially by using technology. was emphasised by Dr Shearer.
Income from- selling the Orange Roughie for meat would . total only about 53 million a year compared with the 530 million return for its oil, he said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19810527.2.94
Bibliographic details
Press, 27 May 1981, Page 10
Word Count
114Oil from N.Z. fish could earn $30M. Press, 27 May 1981, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.