New Zealand Gazette – 2004 – No. 139

Page 3468

✨ Gas Industry Policy and Regulations

3468

NEW ZEALAND GAZETTE, No. 139

29 OCTOBER 2004

Wholesale Markets and Processing

• The development of protocols and standards applying to wholesale gas trading, including quality standards, balancing and reconciliation.

• The development of a secondary market for the trading of excess and shortfall quantities of gas.

• The development of capacity trading arrangements.

• Protocols that set reasonable terms and conditions for access to gas processing facilities.

Transmission and Distribution Networks

• The establishment of an open access regime across transmission pipelines so that gas market participants can access transmission pipelines on reasonable terms and conditions.

• The establishment of consistent standards and protocols across distribution pipelines so that gas market participants can access distribution pipelines on reasonable terms and conditions.

• The establishment of gas flow measurement arrangements to enable effective control and management of gas.

Retail and Consumer Arrangements

10 The recently amended Gas Act allows the Government to directly regulate for retail and consumer issues, to ensure effective outcomes for consumers.

11 The Minister of Energy invites the industry body to recommend arrangements, including regulations and rules where appropriate, in the following areas:

• The standardisation and upgrading of protocols relating to customer switching, so that barriers to customer switching are minimised.

• The development of efficient and effective arrangements for the proper handling of consumer complaints.

• The development of model contract terms and conditions between consumers and retailers.

Government oversight

12 The Government will monitor the progress of the industry body in developing the arrangements, including regulations and rules where appropriate, outlined under industry-led solutions above. The industry body should develop a comprehensive process and timeline for progressing and finalising these arrangements and report to the Minister of Energy each quarter on progress.

13 Proposed arrangements, including regulations and rules where appropriate, covering the following are to be submitted for approval by 31 March 2005:

• The establishment of an open access regime across transmission pipelines so that gas market participants can access transmission pipelines on reasonable terms and conditions.

• The development of protocols and standards applying to wholesale gas trading, including quality standards, balancing and reconciliation.

14 Proposed arrangements, including regulations and rules where appropriate, covering the following are to be submitted for approval by 31 August 2005:

• The standardisation and upgrading of protocols relating to customer switching, so that barriers to customer switching are minimised.

VUW Te Waharoa — NZ Gazette 2004, No 139

Gazette.govt.nz — NZ Gazette 2004, No 139

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✨ LLM interpretation of page content

🏛️ Government Policy Statement on Gas Industry Governance (continued from previous page)

Domain🏛️ Governance & Central Administration
Dated29 October 2004
KeywordsGas Industry, Governance, Policy Statement, Commerce Commission, Economic Policy, Wholesale Markets, Processing, Transmission, Distribution, Retail, Consumer Arrangements

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