Shane Jones looking at gas rationing for beleaguered industrial users

Shane Jones looking at gas rationing for beleaguered industrial users
Shane Jones is worried he is overseeing the hollowing out of the industrial economy. (Image: NZME)
Ian Llewellyn
Resources Minister Shane Jones is seeking advice on whether the Government has or should have the power to ration gas supplies to ensure some businesses can keep operating.Last week, Ballance said it was considering a four-month temporary closure after it failed to renew its long-term gas deal with Greymouth Petroleum for seven petajoules (PJ).Ballance had been outbid by Contact Energy, which recently secured 7PJ a year for seven years with a right of renewal for three more years.Contact’s chief executive, Mike Fuge, said the gas would be...

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