ACCC calls for public help in East Coast gas inquiry
PERTH (miningweekly.com) – The Australian Competition and Consumer Commission (ACCC) has called for submissions on its inquiry into the East Coast gas market.
The ACCC East Coast gas inquiry would consider the competitiveness of wholesale gas prices and the structure of the upstream, processing, transportation, storage and marketing segments of the gas industry. The inquiry started in April this year, and was due to report to the government by April 2016.
“Since the inquiry commenced, the ACCC has been engaging broadly to hear first-hand issues and concerns of participants in the East Coast gas market. Gas users, for example, have suggested that there are difficulties in gaining offers to supply gas, and they feel that this is evidence of a noncompetitive market,” said ACCC chairperson Rod Sims.
"Conscious of the reviews to date, the ACCC is seeking specific examples of conduct, negotiations and market practices that show the operation of the market during this time of transition. These could go to issues such as difficulties in obtaining gas, deteriorating nonprice terms and conditions, or increases in price.”
The issue paper released this week would focus on the impacts of liquefied natural gas (LNG) export gas on gas flows and the domestic gas industry, rising domestic gas prices, negotiation processes, access to essential infrastructure, the availability of information, and pipeline development and access to capacity.
"The issues paper forms part of the ACCC inquiry process. Other tools include continuing consultation with industry, conducting public and private hearings, and modelling of the East Coast gas system. The ACCC will also exercise compulsory information powers as required to access information not available to other inquiries,” said Sims.
Submissions to the ACCC were due by July 2.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...
VISIT SHOWROOM
Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
