Hon Dr MEGAN WOODS (Minister of Energy and Resources): Following our decision to end the issuing of new offshore oil and gas exploration permits in 2018, the Government initiated a two part review of the Crown Minerals Act (CMA) to ensure it was fit for purpose as New Zealand transitioned away from fossil fuels. Tranche one gave effect to the policy to end offshore petroleum exploration and confine any future onshore development to the Taranaki region only. Tranche two is wider in scope, examining the changes needed to enable New Zealand's petroleum and mineral resources sector's contribution to a productive sustainable and inclusive economy. It also addresses our decision to evaluate the current wording of the purpose statement. Public consultation has been completed and the work on this tranche is progressing. Decisions on tranche two of the CMA review will be announced in due course.