GAB Meeting 20 May 2014 John Jamieson
Wallumbilla Gas Supply Hub & Services GAB Meeting 20 May 2014 - - PowerPoint PPT Presentation
Wallumbilla Gas Supply Hub & Services GAB Meeting 20 May 2014 - - PowerPoint PPT Presentation
Wallumbilla Gas Supply Hub & Services GAB Meeting 20 May 2014 John Jamieson Wallumbilla Gas Supply Hub Voluntary Market which commenced operation on 20 March 2014 ~ 2 Year development process Consists of 3 trading nodes at the
APA Group Presentation 2
Wallumbilla Gas Supply Hub
Voluntary Market which commenced operation on 20 March 2014 ~ 2 Year development process Consists of 3 trading nodes at the inlets to RBP, QGP & SWQP Trading to date only on RBP node (~5TJ/d @ ~$3)
APA Group Presentation 3
Wallumbilla Gas Supply Hub
APA is not a direct party to the Market, Shippers incorporate trade
volumes into aggregated pipeline nominations - contractual changes were required with shippers to give access to additional receipt points
APA has introduced new services to help facilitate the market and
enhance liquidity; – In Pipe Trades – facilitate transfer of title between shippers – Capacity Trading – facilitates operational transfer of contracted firm capacity between Shippers via a secondary trading market – Capacity Trading Website: http://capacitytrading.apa.com.au/
APA Group Presentation 4
Operational MDQ
Direct Payment for Participation and Ad Hoc Charges (e.g. Imbalance, Variances, Overruns)
Operational Capacity Transfer Model Buyer
(Shipper)
Seller
(Shipper)
Bilateral Agreement
Direct Payment for Transportation and Capacity Trading Charges Nominations Allocations
Pipeline Operator
(APA Group)
Nominations Allocations
$ $ $
APA Group Presentation 5
Capacity Trading Overview
All shippers must be signed up to a Gas Transportation Agreement
(GTA)
Only firm forward capacity (MDQ) can be traded RBP and SWQP only Traditional firm forward MDQ will be split into ‘Contract MDQ’ and
‘Operational MDQ’
Capacity Trades must be confirmed 24 hours prior to the start of the
Gas Day.
Minimum of 100 GJ per trade and one day duration Trades can only be entered into APA systems for up to 90 days in
advance
Capacity trades between specified Receipt and Delivery points APA has a public and internal website available for buyers and
sellers of capacity to advertise capacity bids and offers
For further information contact
John Jamieson Markets & Risk Manager Strategy & Service Delivery APA Group Tel: 07 3323 6023 E-mail: john.jamieson@apa.com.au
- r visit APA’s website