Gas Industry Company Limited is an industry-owned entity established to fulfil the role of the industry body under the Gas Act 1992. It is the co-regulator of the gas industry, working with both the Government and the industry to develop outcomes that meet the policy objectives as stated in the Government's April 2008 Policy Statement on Gas Governance. As a co-regulatory body, Gas Industry Co is able to make recommendations to the Minister of Energy on a wide range of industry matters, including the making of rules and regulations in relation to the wholesaling, processing, transmission, distribution and retailing of gas. The Government's overall policy objective for the gas industry is “To ensure that gas is delivered to existing and new customers in a safe, efficient, fair, reliable and environmentally sustainable manner.”