Gas Industry Co works with industry and government to co-regulate gas by overseeing gas governance, facilitating markets, and providing trusted advice.
Gas Industry Co’s regulatory oversight spans wholesale and retail natural gas markets, processing facilities, transmission, and distribution, and early-stage planning for the emergence of hydrogen and biofuels.
We fulfil our role by:
- developing arrangements, including regulations where appropriate, which improve:
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- the operation of gas markets,
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- access to infrastructure,
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- consumer outcomes.
- developing these arrangements with the principal objective of ensuring that gas is delivered to existing and new customers in a safe, efficient, reliable, fair, and environmentally sustainable manner; and
- overseeing compliance with and review such arrangements.
Our work programmes
We fulfil our statutory role through efficient governance arrangements, progressing industry systems and processes, and facilitating forward-looking discussion on future strategic issues through our role as trusted advisor to industry and government.
Details of our work programmes can be found under our work.
Providing gas data and information
We collect and display information about the gas industry on our website as a helpful resource for both industry and consumers.
Up-to-date graphs and information on daily production, consumption, storage and pricing can be found on our data portal.
Working with industry and government
As the trusted advisor to industry and government, we undertake activities to inform about the gas industry and use our specialist expertise to help stakeholders navigate change. Examples of this include our Supply and Demand studies, engagement with government agencies, and discussions with industry regarding governance processes.
Providing advice to government
Each year we present the Minister with a Statement of Intent, which details our work programme developed in consultation with industry, and the Levy Recommendation to fund our operations.
We report to the Minister regularly on a quarterly and annual basis, and more often on specific workstreams as required.
Briefings to Incoming Ministers are available below, and subject specific recommendations can be found under the appropriate work programme.
Related documents
Working with the Commerce Commission
The Gas Act provides for the Gas Industry Co and the Commerce Commission to work together in relation to the gas transmission and distribution sector. Gas Industry Co’s role focuses on open access to pipelines, and the Commerce Commission has a complementary role in relation to economic regulation of those assets. The two agencies work together in any areas that overlap.
Consulting with Industry
We consult with Industry when we develop our annual work programme and levy, to develop or update recommendations, and on other matters of importance.
Information on recent consultations can be found below. Additional information and other consultation documents are available under the relevant work programme.