(EnergyAsia, May 4) — The sharp decline in the New Zealand dollar and the rise of oil prices to record high levels have sparked interest for biofuels investment in this agriculture-dependent country of four million. The local currency has fallen from around US$0.68 to US$0.62 since the start of the year, while the price…
NEW ZEALAND: High oil price, declining currency spark investor interest in biofuel plants
Posted on May 4, 2006 by EnergyAsia