Vector spend-up to meet gas demand

Electricity and gas distributor Vector may spend up to $200 million to meet growing gas demand in the Auckland region. The company said it was considering investing betrween $100 million and $200 million in a high-pressure gas transmission system over the next five to 10 years.

Vector has become the country's biggest electricity distributor since buying a large part of United Networks in 2002 and NGC in August.