Gas Transmission Pipeline Capacity Trading - Decision Regulation Impact Statement
Publication date: Monday, 02nd December 2013.
On 14 December 2012, the former Standing Council on Energy and Resources agreed to consider more broadly, in consultation with stakeholders, whether further policy options could facilitate increased trade in gas transmission pipeline capacity in the eastern gas market. On 31 May 2013, officials released a consultation Regulation Impact Statement (RIS) that sought stakeholders’ views on current pipeline capacity trading activity and practices and whether any improvements could be made to facilitate increased trade in unused capacity.
On 13 December 2013, Ministers endorsed a decision RIS and agreed to pursue enhancements to information provision and standardisation of contractual terms and conditions. These measures were aimed at reducing transaction costs to facilitate pipeline capacity trading.
The decision RIS as well as the supporting documents are provided below.