Chief Minister sets up committee to investigate gas prices

Thu, 19 Oct 2017

Chief Minister Howard Quayle MHK

The Chief Minister will set up his own committee to look into the cost of gas on the Isle of Man.

Speaking in his State of the Nation Address in Tynwald, Howard Quayle described the price of gas as one of the big concerns of Manx residents, and pledged to review the current situation.

The committee will be made up of Tynwald members separately from Manx Gas's own review of their pricing structure.

Mr Quayle believes Manx Gas are in a privileged position as a monopoly supplier, and therefore have a duty to ensure they provide a fair service.

The committee will be asked to draw conclusions on whether the current arrangements works for the Isle of Man, and whether the balance needs to be redressed.