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December 2002

Commission says electricity arrangement does not require authorisation

23 December 2002

The Commerce Commission has declined to authorise an arrangement following an application by The Marketplace Company Limited, the market administrator of the New Zealand Electricity Market (NZEM). The arrangement would require, after a delay of 14 days, the disclosure of bids to purchase electricity and offers to sell electricity through the NZEM. Bids and offers are currently disclosed after a delay of four weeks.

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Commerce Commission: Preussag, Shell and Todd apply for restrictive trade practice authorisation

23 December 2002

Three parties, Preussag Energie, Shell Exploration and Todd Petroleum Mining, have applied to the Commerce Commission for authorisation to enter into arrangements to jointly market and sell gas produced from the Pohokura field off the Taranaki coast.

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