The Crown had to set aside $155 million for this decommissioning, based on a 2015 study decommissioned by the previous permit holder. We've made good progress on that decommissioning, but the costs have greatly exceeded those original estimates and further funding was needed to be appropriated in Budget 2021. This scenario highlights the importance of clarifying that petroleum permit and licence holders are responsible for decommissioning. We must get our regulatory settings right to ensure funds are set aside for decommissioning while petroleum is being produced and profits are being made. Globally, Governments are turning their attention towards planning for decommissioning and New Zealand should be no exception.