Chair of Noia board comments on decision to ban Arctic drilling
ST. JOHN'S -- The Newfoundland and Labrador Oil & Gas Industries Association (Noia) has responded to the moratorium on new oil & gas leasing in Arctic waters announced late yesterday.
“It is unfortunate that we were not consulted prior to this decision being made,” said Raymond Collins, chair of Noia’s board of directors. “However, upon hearing the announcement, we immediately reached out to the federal government to determine what, if any, impacts this will have on our industry and our members. We have been assured that there will be no ramifications on the Newfoundland and Labrador offshore industry, where science has proven that drilling can be done in an environmentally-conscientious manner. While we understand that this announcement will cause some disappointment within our membership, we need to focus on successful development of our offshore resources for the long-term benefit of all Newfoundlanders and Labradorians.”
Collins also noted that discussions are ongoing with the federal government about this and other areas of importance to our industry. Noia is thoroughly analyzing the details of the announcement and will continue to ensure that the importance of the offshore oil & gas industry is known and understood by its membership, the public and all decision makers.
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