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July 2006

Gas form of control discussion document released: submissions due 7 August, conference 5 and 6 September

7 July 2006

The Commerce Commission has released its proposals for the form of control to be imposed on the gas distribution services of Powerco and Vector.

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Gas Provisional Authorisation not to be amended

7 July 2006

The Commerce Commission will not amend the Provisional Authorisation for supply of the controlled gas distribution services of Powerco and Vector.

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June 2006

Commission revokes Pohokura gas authorisation

2 June 2006

The Commerce Commission has revoked the 2003 authorisation it granted to Shell, Todd and OMV to jointly sell gas from the Pohokura field.

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March 2006

Gas retailers respond to distribution price reductions

23 March 2006

In August 2005 the Commission issued a Provisional Authorisation requiring the average price for the distribution component of gas prices to be reduced by at least 9% and 9.5% for Powerco and Vector respectively. The Commission sought a response from gas retailers as to how they proposed to pass on these savings to their customers.

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