Information disclosure

The framework provides for pipeline operators to publish the information that shippers need to make an informed decision about whether to seek access to a pipeline service and to assess the reasonableness of an offer made by the pipeline operator. The publication and exchange of this information is intended to facilitate timely and effective commercial negotiations in relation to access to non-scheme pipelines.

A service provider for a non-scheme pipeline must prepare, maintain and publish:

  • service and access information
  • standing terms
  • financial information
  • weighted average price information

This information is to be published by service providers in accordance with the NGL, Part 23 of the NGR and, where relevant, the financial reporting guideline that is currently being developed.

Information must be provided in accordance with the access information standard and timetable set out in the rules. The timetable provides for the publication of the first set of:

  • service and access information and standing terms by 1 February 2018; and
  • financial information and weighted average price information by October 2018 or January 2019, depending on the service provider’s financial year.

This information is to be published on each service provider’s website.