Gas users warn of business closures, job losses and price increases due to supply uncertainty

Gas users warn of business closures, job losses and price increases due to supply uncertainty
Declining gas supply could have “devastating consequences”. (Image: Getty)
Ian Llewellyn
Industrial and commercial gas users are warning of plant closures, job losses, and steep price increases for goods as rising gas prices and shrinking supply force businesses to cut production or reconsider their future entirely.A survey from the BusinessNZ Energy Council (BEC) and energy consultancy Optima said that of the 66 large industrial and commercial gas users who responded, nearly half (31 firms) reported they had already reduced operations, raised prices, or cut staff because of costs or uncertainty around supply and contracts.Another...

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