Eastern States Price Determinations – Gas Transmission Networks

Access Arrangements & Price Determinations

Dec 11
Eastern States Price Determinations – Gas Transmission Networks

The Australian Energy Regulator (AER) is currently conducting a price determination for the Amadeus Gas Pipeline in the Norther Territory.  The 5-year regulatory period is from 2016 to 2021.

The regulatory proposal was submitted to the AER on 4 August 2015 and the AER published its draft decision on 26 November 2015.

This draft decision accepted Amadeus’s forecast operating expenditure.  However, forecast capital expenditure was reduced by 11.4% and the forecast rate of return or cost of capital was reduced from 8.3% (proposed by Amadeus) to 6.02%.  This key change has reduced allowable revenue over the regulatory period by 21.1%.

APT Pipelines can submit a revised proposal to the AER by 6 January 2016 and interested parties can make submissions on the draft determination and the revised proposal to the AER by 4 February 2016.