The bill we're talking about at the moment will amend the Gas Act of 1992. The Act is the principal piece of legislation that governs the gas industry in New Zealand. The gas industry is co-regulated by the Government and the approved industry body, the Gas Industry Company (GIC). The original Act empowers the making of a wide range of regulations relating to matters that govern the gas industry; however, recent natural gas supply outages have raised concerns about the lack of transparency of information in the gas market. The outages include those at the Pohokura production station in 2018, as well as planned outages at other stations. Outages at gas production stations can affect gas availability and prices, as we have seen in the past. They also affect the electricity market, which uses gas for thermal electricity generation, which acts as a backup electricity supply during periods of high demand when limited electricity storage is available—for example, the outage, as I mentioned, in 2018 led to increased prices for many consumers during the spring of 2018. Some power companies even reported receiving only minimal information about how long the disruption was expected to last. The outage also reportedly cost its main customer around $2 million a day in lost revenue—$2 million a day.