✨ Gas Pipeline Information Disclosure
30 MAY 2012 NEW ZEALAND GAZETTE, No. 60 1711
Disclosure under the Gas (Information Disclosure) Regulations 1997
Maui Development Limited
May 2012
1. INTRODUCTION
1.1 The Maui Pipeline
The Maui Pipeline was installed in 1978 for the purpose of delivering Gas to the Buyer under the Maui Gas Contract, signed in 1973. From the commencement of deliveries under the Maui Gas Contract in 1979 until the start of the Maui Open Access Regime in October 2005, the Maui Mining Companies used the Maui Pipeline solely for transporting Gas from the Maui field to the various Delivery Points used by the Buyer.
The progressive depletion of the Maui field meant that the continuation of the highly flexible Maui gas supply could not be taken for granted. There was a pressing need to create the physical and commercial conditions under which new gas could enter the market.
1.2 The Maui Open Access Regime
Under the Maui Open Access Regime introduced in October 2005, parties other than the Maui Mining Companies can ship gas through the Maui pipeline. The terms and conditions governing access are set out in the Maui Pipeline Operating Code (MPOC). This Code, which is published at:
https://www.oatis.co.nz/
in the Public Domain Information Exchange portion of the site, contains the detailed rules governing the operation of the Maui pipeline, processes, responsibilities, and the timing of key information exchanges.
Maui Development Limited (MDL) is owned by the Maui Mining Companies (Shell Petroleum Mining Company, OMV New Zealand Limited and Todd Petroleum Mining Limited). It is a bare nominee company which holds the Maui assets on behalf of the Maui Mining Companies. As agent for the Maui Mining Companies, MDL is the contracting party with all parties who wish to obtain gas transport services on, or connect with, the Maui Pipeline. MDL administers the MPOC with operational functions contracted to the Technical, System and Commercial Operators as appropriate.
1.3 Disclosure Requirements
The Gas (Information Disclosure) Regulations 1997 require the disclosure of certain information by pipeline owners. With the commencement of the Maui Open Access Regime, MDL is required to disclose the information contained in this document. For the sake of completeness, comparative data has been provided for the final quarter of Calendar Year 2005, and for the full Calendar Years 2006 to 2011. Comparable data was last disclosed in accordance with the Gas (Information Disclosure) Regulations 1997 in May 2011.
There is a great deal of other publicly available information about the Maui pipeline and its operations. Interested parties should consult the Public Domain Information Exchange portion of the site at the:
https://www.oatis.co.nz/.
Information on the balancing gas market is available on www.bgx.co.nz.
Information is also available on the Maui Pipeline web-site at http://www.mauipipeline.co.nz.
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