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New quarterly reports indicate commercial gas users facing 'unsustainable' prices

Author
Newstalk ZB,
Publish Date
Mon, 19 May 2025, 8:11pm

New quarterly reports indicate commercial gas users facing 'unsustainable' prices

Author
Newstalk ZB,
Publish Date
Mon, 19 May 2025, 8:11pm

Commercial users of gas are likely to be hit hard by 'unsustainable' prices this year, according to sector regulators.

The Gas Industry Company’s latest quarterly report said average spot prices rose sharply in the first three months of 2025 as production continued to decline and demand remained relatively constant. 

Energy Resources Aotearoa CEO John Carnegie explains what this could mean for the sector.

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