Gas (Market Transparency) Amendment Bill
This bill lets the government make rules requiring gas companies and large gas users (but not ordinary households) to share information about the gas market — things like how much gas is available, supply and demand forecasts, and trading agreements. That information goes to the government or the gas industry body, who can then publish some of it. The goal is to fill gaps in gas market information so that better decisions can be made, which could help keep costs down for New Zealanders.
What this affects
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Gas companies and big gas users will have to share market information with the government and the gas industry body, so that better decisions can be made about gas supply and pricing.
requiring an industry participant or a consumer (other than a domestic consumer) to disclose information about gas markets (gas markets information) to the industry body or the Secretary (or both)
Poor information leads to inefficient decisions about the constrained supply of gas and, ultimately, to higher costs for New Zealanders.
information about agreements to trade gas, including volumes traded, prices, parties to the agreement, and duration of the agreement
Progress through Parliament
Have your say
Submissions open once a bill reaches the select committee stage and the committee calls for them. In the meantime, you can write to your local MP about it.
Bill text sourced from legislation.govt.nz (Parliamentary Counsel Office). Arapono’s summary and breakdown are drafted with AI grounded in that official text and reviewed by an Arapono editor for accuracy and neutrality before publishing. Arapono is non-partisan and takes no position on this bill.