First Gas faces prosecution for Papamoa pipeline purchase

First Gas faces prosecution for Papamoa pipeline purchase
Gavin Evans
By Gavin Evans Jan. 10 (BusinessDesk) - Pipeline operator First Gas is being prosecuted for anti-competitive behaviour in its purchase of new pipelines in the Bay of Plenty. The Commerce Commission has begun proceedings in the High Court related to the firm’s 2016 purchase of 9.5 kilometres of steel and plastic pipelines that Wanganui-based GasNet laid in a new subdivision in Papamoa. The commission says First Gas, which operates the country’s trunk transmission pipelines and is the third-largest gas distributor after Powerco and Vecto...