Record gas volumes traded amid increased uncertainty

Tue, 06 Aug 2019

By Gavin Evans Aug. 7 (BusinessDesk) - Volumes traded on the spot gas market jumped to a record last month as industrial users locked in supplies for the rest of the year. Trades for 1.49 petajoules of gas were booked on emsTradepoint last month, an all-time high for the six-year-old market and 43 percent higher than the previous record set in August 2017. General manager Quintin Tahau noted that more than three-quarters of that volume was booked in block trades through to the end of the year. “I can only speculate that there are so...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Economy

Walter & Wild keeps Hansells afloat

Walter & Wild is owned and run by the Hart family.

Gregor Thompson 2:00pm

Climate change

NZ's native forests may suck up more CO2 than thought

The results could help NZ's emissions budgets if they stack up.

Greg Hurrell 12:45pm

NZ's native forests may suck up more CO2 than thought

The Quiz Free

QuiznessDesk, Tuesday, June 17

Take a break and try our quiz.

The Quizmaster 9:15am

Sponsored

New Zealand’s AI imperatives: Transparency and the human touch

Hard-hitting report warns uncertainty could block progress.

One NZ

Sponsored

You might not need a bigger budget – just a bolder mindset

Challenger brands don’t always outspend – they outthink. Here’s why bold ideas often win.

YoungShand

More Retail

Retail

Inventory discrepancies toy with Zuru’s NZ accounts

Zuru NZ's accounts are filed, but there are caveats.

Denise McNabb 5:00am

Retail

Freedom Furniture bought by Australian competitor

Freedom Furniture has been snapped up by competing retailer Amart, according to media reports.The Australian Financial Review (AFR) reported on Monday that Amart, which Quadrant Private Equity backs, intends to grow Freedom Furniture’s footprint from 60 stores in Australasia to b...

Gregor Thompson 16 Jun 2025