Final Decision
In accordance with rule 135EF of the National Gas Rules (NGR), the Australian Energy Market Operator (AEMO) has decided to make the procedure changes to enable direct Market Schedule Variation (MSV) transaction between STTM Users.
The decision has been made taking into account the assessment outlined in the impact and implementation report (IIR). AEMO received one submission in response to the IIR, supporting the proposed change.
| Notice of AEMO decision on making STTM Procedures - MSV user to user transaction 13 Mar 2013 | filesize: 72.0 kb (.pdf) |
The AEMC completed their consultation and approved the Rule change on 30 August 2012 to enable MSV User to User transactions.
AEMO is commencing consultation on the proposed STTM procedure changes to enable MSV User-to-User transactions following the AEMC’s Rule Change.
AEMO has published a Proposed Procedure Change below, covering the following modifications to the STTM Procedures:
- - Modify section 7.3 (Market Schedule Variations) and section 10.5 (Variation Charges) of the Procedures to ensure that the originating Participant covers both STTM Shipper and STTM User.
- - Add a clause in section 7.3 (Market Schedule Variations) of the Procedures to ensure the STTM User that increases its modified market schedule quantity must be the originating Participant, where the proposed MSV transaction relates to STTM Users as the originating and receiving Participant.
- - Add a clause in section 7.3 (Market Schedule Variations) of the Procedures to ensure that the STTM Shipper is the originating Participant, where the proposed MSV transaction relates to an STTM Shipper and an STTM User.
- - Add a rule in section 7.5 (Variation Charges) to ensure that the user-to-user MSV transaction is not subject to Variation Charges.
The changes are expected to come into effect in the week commencing 15 April 2013. In accordance with rule 135EE(5) of the NGR, AEMO will publish a notice 15 business days prior to the effective date specifying the exact date on which the proposed new procedures come into effect.
Gas Market Registered Participants and other interested parties are invited to submit comments on the proposed procedure changes to AEMO by Tuesday 12 March 2013 via email to:
sttmcf.correspondence@aemo.com.au
| Proposed Procedure Change - STTM User-to-User MSV Transaction 17 Jan 2013 | filesize: 142 kb (.pdf) |
This Impact and Implementation Report (IIR) consultation applies to the STTM Procedures, section 7.3 and 7.5. AEMO is proposing to modify the STTM Procedures to allow MSV User-to-User transaction.
| IIR - STTM User-to-User MSV Transaction 13 Feb 2013 | filesize: 296 kb (.pdf) |