Government announces Partial Review of

Crown Minerals Fees

14 May 2014 - New Zealand Petroleum & Minerals (NZP&M) has begun a partial fees review. This focuses on the fees charged to industry for petroleum prospecting permits and offshore minerals permits.

NZP&M consider the annual fees currently charged for these permits to be disproportionately high compared to the cost of their administration. A number of operational changes are being implemented to support the 2013 amendments to the Crown Minerals Act. In 2015-16 NZP&M will fully review the fees regime for petroleum and minerals. The consultation document below outlines changes proposed for this year. These changes will address immediate issues for petroleum prospecting permits and offshore minerals permits.

We are currently consulting with iwi and industry stakeholders. The closing date for submissions is Friday, 6 June 2014.

Submissions can be made by email: NZPAMfeesreview@mbie.govt.nz or can be sent to:

The Manager, Business Performance
New Zealand Petroleum & Minerals
Ministry of Business, Innovation & Employment
PO Box 1473
Wellington 6140