This notice of a recommendation and assessment for gas governance rules and an amendment to gas governance regulations is issued by Gas Industry Company Limited (“Gas Industry Co”) approved as the industry body by Order in Council under section 43ZL of the Gas Act 1992 (“Act”).
Section 43O of the Act provides that, no later than 10 working days after making a recommendation for a gas governance regulation or rule to the Minister of Energy and Resources, Gas Industry Co must publicise the recommendation and the assessment completed under section 43N of the Act.
On 18 February 2022, Gas Industry Co made a recommendation to the Minister of Energy and Resources, under sections 43F(2)(e), 43F(2)(f), 43G(2)(k) and 43Q of the Act, for the making of information disclosure rules and an amendment to the Gas Governance (Compliance) Regulations 2008.
The purpose of the rules is to provide for information disclosure requirements in relation to gas production and storage outages.
A recommendation for an amendment to the Gas Governance (Compliance) Regulations 2008 providing for compliance with, and enforcement of, the information disclosure rules was made in conjunction with this recommendation.
A copy of Gas Industry Co’s recommendation, including the assessment, is available on Gas Industry Co’s website www.gasindustry.co.nz.
Dated at Wellington this 24th day of February 2022.
For and on behalf of Gas Industry Co:
Rt Hon JAMES BOLGER, onz, Chair.