On Air Manx Radio Update Andy Wint | 5:30pm - 6:00pm

CURA needs 'greater powers' to properly regulate gas market

Organisation overseen gas since 2020

The Island's gas regulator would need greater power to properly regulate the market.

That's from the chief executive of the Communications and Utilities Regulatory Authority which has responsibility for overseeing the gas sector.

The statutory board took charge of gas regulation in December 2020, with the power to set parameters which Manx Gas must stick to when setting tariffs.

But Ivan Kiely says there are some areas that may still need greater oversight:

More from Isle of Man News