Gas (Downstream Reconciliation) Rules 2008 (in force prior to 2 October 2009)
[ Last Updated 29 May 2008 ]
Short Description
The purpose of these rules is to establish a set of uniform processes that will enable the fair, efficient, and reliable allocation and reconciliation of downstream gas quantities.
The Minister of Energy has approved Gas Industry Co.'s recommendation and made the Gas (Downstream Reconciliation) Rules 2008 pursuant to sections 43F, 43Q and 43S of the Gas Act 1992. The Rules provide for -
- The appointment of an allocation agent; and
- Processes for the:
- provision of gas injection and consumption information;
- allocation by the allocation agent of daily gas quantities for each calendar month to retailers at gas gates; and
- reconciliation of downstream gas quantities; and
- Mandatory information disclosure and reporting by the allocation agent, allocation participants, and the industry body; and
- Ancillary matters related to the process of allocation and reconciliation such as funding by industry participants and audits.
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