Gas industry could get far more than $200m if deals keep flowing
The $200 million announced in Thursday's Budget to allow the Government to buy a stake in new offshore gas fields could be just the start, Resources Minister Shane Jones told Newsroom.
With the first $200m set aside in a contingency fund while a Schedule 4 company or other structure is set up, Jones said he had the tentative agreement of acting Finance Minister Chris Bishop to boost it if more developers come seeking support.
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