NGC Aligns with Plumbing World to Develop LPG

17 March 2003

NEWS MEDIA RELEASE

NGC Aligns with Plumbing World to Develop National LPG Market

NGC, through its LPG retailing business, On gas, has concluded a Channel Partner Agreement with nationwide plumbing merchant, Plumbing World, to expand its LPG business throughout New Zealand. The agreement takes effect on 31 March 2003.

The alliance will place a particular focus on developing the LPG market in Christchurch, although the marketing strategy is national in its scope and aimed at growth in the rest of the country. Under the arrangement, On gas will no longer operate its existing Christchurch LPG showroom, which became part of NGC’s operations when it acquired TransAlta New Zealand Limited in 2000. The showroom assets have been sold to Plumbing World and the showroom operation is expected to be absorbed into Plumbing World’s Christchurch outlet before the end of the year.

Commenting on the initiative today, NGC Chief Executive Phil James said: “NGC is very encouraged about the prospects for LPG sales in New Zealand, and there are particular opportunities to bring this cleaning burning and efficient fuel to energy consumers in Christchurch and the rest of the South Island.

“Plumbing World is a successful company with a nationwide presence and close relationships within the trade. For its part, NGC has a significant involvement in the New Zealand LPG industry. We have good access to the product and are well equipped through our storage and delivery infrastructure to get it to customers throughout the country. Together, NGC and Plumbing World can improve the availability of LPG and make it easier for people to access and enjoy a gas lifestyle.”

ENDS

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