Derogation on Price Reporting from the Gas Pipeline Regulation National Package

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We want your feedback on proposed information disclosure requirements for gas service providers under the National Gas Law to apply in South Australia.

What's being decided?

A national process is underway to develop and consult on proposed amendments to the National Gas Law to require gas service providers to disclose the individual prices paid by gas shippers, including key terms and conditions.

We are intending to require different disclosure requirements on gas service providers to ensure the continued availability of bespoke services which are valued by gas shippers in South Australia.

The purpose of this consultation is to explore alternate disclosure requirement options to apply in South Australia.

Background

In May 2021, Energy Ministers released the Options to Improve Gas Pipeline Regulation, Regulation Impact Statement for Decision (DRIS) which outlines improvements to the gas pipeline regulatory framework following an extensive stakeholder consultation process.

The DRIS seeks to address many problems identified with the current regulatory framework, one of which is information disclosure. To mitigate information asymmetries, the DRIS requires service providers of pipelines that are providing third party access to publish a suite of basic information – see Box 8.1 of the DRIS, as well as historical financial and demand information. In addition, service providers will be required to publish information on the individual prices paid by shippers, which includes key terms and conditions.

Get involved

Read the Consultation Paper.

Have your say by:

What are the next steps?

Feedback will be consolidated and considered to determine the appropriate price information disclosure requirements to apply in South Australia and draft regulations will be prepared.

If you would like to provide any comments in addition to a submission or discuss this consultation further, please email demenergymarketreform@sa.gov.au.

We want your feedback on proposed information disclosure requirements for gas service providers under the National Gas Law to apply in South Australia.

What's being decided?

A national process is underway to develop and consult on proposed amendments to the National Gas Law to require gas service providers to disclose the individual prices paid by gas shippers, including key terms and conditions.

We are intending to require different disclosure requirements on gas service providers to ensure the continued availability of bespoke services which are valued by gas shippers in South Australia.

The purpose of this consultation is to explore alternate disclosure requirement options to apply in South Australia.

Background

In May 2021, Energy Ministers released the Options to Improve Gas Pipeline Regulation, Regulation Impact Statement for Decision (DRIS) which outlines improvements to the gas pipeline regulatory framework following an extensive stakeholder consultation process.

The DRIS seeks to address many problems identified with the current regulatory framework, one of which is information disclosure. To mitigate information asymmetries, the DRIS requires service providers of pipelines that are providing third party access to publish a suite of basic information – see Box 8.1 of the DRIS, as well as historical financial and demand information. In addition, service providers will be required to publish information on the individual prices paid by shippers, which includes key terms and conditions.

Get involved

Read the Consultation Paper.

Have your say by:

What are the next steps?

Feedback will be consolidated and considered to determine the appropriate price information disclosure requirements to apply in South Australia and draft regulations will be prepared.

If you would like to provide any comments in addition to a submission or discuss this consultation further, please email demenergymarketreform@sa.gov.au.

Page published: 07 September 2021, 10:51