AEMC: Biennial review into liquidity in wholesale gas and pipeline trading markets terms of reference

“Gas markets are currently being redesigned to support faster and more efficient gas trading and access to pipeline transportation along the east coast of Australia. The changes are based on a package of reforms developed by the AEMC and endorsed by the COAG Energy Council.

As implementation of the complete reform package will take several years, this first review of gas market liquidity will focus on providing a baseline for future reviews.  In particular, the review will provide baseline measures of liquidity for the east coast and the Victorian Declared Wholesale Gas Market, where possible, and also develop the methodology for tracking liquidity over time…

…A scoping paper is due to be published in February 2018 for stakeholder comment. A draft report is due to be published in April 2018.”

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