New Zealand Gazette – 2008 – No. 75

Page 2076

✨ Government Policy Statement



2076 NEW ZEALAND GAZETTE, No. 75 23 APRIL 2008

Government Policy Statement on Gas Governance

To the Commerce Commission and Gas Industry Co.

This statement is given to:

  1. Gas Industry Co. by the Minister of Energy, pursuant to section 43ZO(3) of the Gas Act 1992 as a statement of Government policy on the governance of the gas industry; and

  2. the Commerce Commission by the Minister of Commerce, pursuant to section 26 of the Commerce Act 1986, as a statement of the economic policy of the Government on the gas industry.

April 2008

Government Policy Statement on Gas Governance

Introduction

The New Zealand Energy Strategy (“NZES”) sets out the Government’s vision of a sustainable, low emissions energy system. Within this Strategy, the gas sector has a critical role to play in achieving the Government’s objective of maintaining security of energy supply at competitive prices as the country makes the transition to a sustainable energy future.

This statement sets out the objectives and outcomes the Government wants Gas Industry Co., as the approved industry body, to pursue. It is made pursuant to s43ZO of the Gas Act 1992 as amended by the Gas Amendment Act 2004. Gas Industry Co. is required to have regard to the objectives and outcomes in this statement when making recommendations for rules or regulations. Specific objectives and outcomes in this statement relate to consumer outcomes and retail arrangements, the wholesaling of gas, infrastructure access, contingency management and other gas governance matters.

The legislation and policy concerning the allocation of rights in respect of gas exploration and production are set out in the Crown Minerals Act 1991 and the Minerals Programme for Petroleum 2005 respectively. The legislation concerning gas safety is contained in the Health and Safety in Employment Act 1992, the Hazardous Substances and New Organisms Act 1996, the Gas Act 1992 and the Plumbers, Gasfitters, and Drainlayers Act 2006.

This statement replaces the “Government Policy Statement on Gas Governance” dated October 2004.

Background

1 In December 2004 a co-regulatory arrangement commenced with Government approval of Gas Industry Co. as the industry body under the Gas Act. Since then Gas Industry Co. has pursued the Government’s objectives and outcomes set out in the October 2004 policy statement, plus work driven by Ministerial requests and Gas Industry Co.’s own engagement with the sector. In particular, Gas Industry Co. has focused on enhancing consumer outcomes, making improvements to the operation of the retail market, enhancing wholesale market trading arrangements and reviewing infrastructure access and contingency management arrangements.

2 In accordance with recommendations in the NZES, the Government is revising its policy statement for the gas sector to reflect policy directions set out in the NZES. The revised statement also reflects the establishment and progress made by Gas Industry Co. since October 2004.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 75


Gazette.govt.nz — PDF NZ Gazette 2008, No 75




✨ LLM interpretation of page content

🌾 Government Policy Statement on Gas Governance (continued from previous page)

🌾 Primary Industries & Resources
Gas governance, policy statement, Gas Act 1992, Commerce Act 1986, Commerce Commission, Gas Industry Co, Minister of Energy, Minister of Commerce