EUAA Submission: Pipeline Information Disclosure Guidelines – Issues Paper
Emily Wood | May 29, 2023
‘…The major information deficiencies in the gas transportation market have contributed to the east coast gas market being a significant distance away from achieving the National Gas Objective. The inefficiencies are obvious to our members as they seek to negotiate gas transportation agreements with many feeling as though both hands are tied behind their back. Member companies are reporting that poor information transparency has led to gross inefficiency in the market and deadweight losses. These guidelines will make a significant contribution to lifting the veil and giving gas users some negotiation leverage with pipeline operators.
We do not accept the argument that the costs of providing this information will exceed the benefits…’
Please download attachment to read full submission.