‘Petroleum is New Zealand’s fourth-largest export after dairy goods, meat and wood. Oil and gas have been pumped from fields off the west coast of its North Island for many years without environmental incident. To the government, oil exploration by big oil and gas companies in New Zealand waters is the fulfilment of years of planning. Some say another large oil discovery could transform the economy. Other oil companies are showing interest in drilling offshore,’ (Source: New Zealand: standing firm, The Economist 30 Nov 2013, p44).