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Measures to Improve Transparency in the Gas Market

COAG Consultation Regulation Impact Statement – COAG Energy Council

On 8 August 2019, the Council of Australian Governments (COAG) Energy Council released a Consultation Regulation Impact Statement (the Consultation RIS) to explore options to improve transparency in the eastern and northern Australian gas markets.

The Consultation RIS focuses on addressing information gaps and asymmetries relating to gas and infrastructure prices, supply and availability of gas, gas demand, and infrastructure used to supply gas to end-markets.

The Consultation RIS has been assessed by the Office of Best Practice Regulation as meeting the COAG requirements for a COAG Consultation RIS.

Submissions are invited by close of business, 12 September 2019. More information on the consultation process, including how to make a submission, can be found here.