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Synfuels inquiry sought

Political reporter

The Auditor-General will be asked by the Opposition to inquire into how the Synfuels plant and Maui gas contract were valued for sale. Mr Bill Birch, who as the Minister of Energy was instrumental in developing the Synfuel project, said a court case could result.

“If that inquiry discloses failures by Labour

Ministers to meet their statutory obligations the Opposition will embark on a private prosecution through the courts,” he said.

The sales reeked of a Government desperate to meet its expanding expenditure by sale of the family silver. Mr Birch said yesterday’s announcement was another big step towards New Zealand’s becoming

a corporate State. Petrocorp is owned by Fletcher Challenge.

“Many New Zealand manufacturers and households depend on natural gas as a primary energy and they are now entirely in the hands of New Zealand’s biggest company,” he said.

Petrocorp would have total ownership of New Zealand’s natural gas and oil production.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19881209.2.47

Bibliographic details

Press, 9 December 1988, Page 6

Word Count
158

Synfuels inquiry sought Press, 9 December 1988, Page 6

Synfuels inquiry sought Press, 9 December 1988, Page 6