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Gas Supply Hub Proposed Exchange Agreement Amendment - Market Parameters

05/10/2016
Market Gas Supply Hub
StageFinal Report
ConvenorAEMO Gas
Initiated06/09/2016
Accepting submissions?No
Submissions close04/10/2016

Notice of Consultation

AEMO is consulting on proposed amendments to the Gas Supply Hub Exchange Agreement (EA) under clause 3.3 of the EA.
These amendments are open for public consultation from Tuesday 6th September, with submissions closing by 5.00pm (EST) on Tuesday 4th October 2016.

Proposed changes to GSH Exchange Agreement
  • Reduce the minimum order price for Gas Supply Hub commodity products from $0/GJ to -$100/GJ
  • Increase the maximum quantity size for Balance of Day products from 1,450 GJ/h to 2,500 GJ/h and all other products from 32,000 GJ/d to 50,000 GJ/d
  • Reduce the minimum quantity order and parcel size for non-netted pre-matched products (except Balance of Day) from 1,000 GJ/d to 100 GJ/d
  • Extend Trading Window for pre-matched non-netted Daily products from the Delivery period commencing Gas Day D-2 to D-7, to for the Delivery period commencing Gas Day D-2 to D-30.

AEMO has published an Impact and Implementation Report (IIR) below, which details the proposed changes to the Exchange Agreement.

Impact - Implementation Report (IIR) GSH Market Parameters
06 September 2016 | filesize: 328 KB (.pdf)

As stated in the notice of consultation, written comments on any of the proposed amendments are invited by 5pm (EST) on Tuesday 4th October 2016.
Consultation responses can be submitted directly to the AEMO at Hub_Reference@aemo.com.au

Notice of Determination

AEMO informs all Gas Supply Hub exchange members and other interested stakeholders that it has decided to make the proposed amendments to the Exchange Agreement. Version 8.0 of the Gas Supply Hub Exchange Agreement will be effective from 26 October 2016.

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