New Zealand Parliament Pāremata Aotearoa

Gas (Information Disclosure and Penalties) Amendment Bill

Published date: 4 Jun 2020

Public submissions are now being called for the Gas (Information Disclosure and Penalties) Amendment Bill

The closing date for submissions is Thursday, 16 July 2020

This bill proposes to provide for enhanced information disclosure requirements for the gas market and to ensure that settings around enforcement and penalties are suitably robust.

It would do this by amending the Gas Act 1992, which sets out the co-regulatory model that the government has entered into with the natural gas industry.

This bill follows the prolonged natural gas supply outages at the Pohokura production station in 2018, combined with planned outages at other production stations and dry spring conditions, which led to record gas spot market prices and high electricity wholesale prices. These outages have highlighted a number of issues in relation to the transparency of information in the gas market, which can have a wide range of effects.

This bill is available online from the ‘Related links’ panel.

What do you need to know?

  • Submissions are publicly released and published to the Parliament website. Only your name or organisation’s name is required on a submission. Please keep your contact details separate, as if they are included on the submission they will become publicly available when the submission is released.
  • If you wish to include information of a private or personal nature in your submission you should discuss this with the clerk of the committee before submitting.
  • If you wish to speak to your submission, please state this clearly.

Further guidance on making a submission can be found from the ‘How to make a submission’ link in the ‘Related documents’ panel.

If you have any questions about your submission or the submission process please contact the Committee Staff through the contact details provided on this page.