The Australian Competition and Consumer Commission has issued its final decision on NT Gas Pty Ltd's access arrangement for the Amadeus Basin to Darwin natural gas transmission pipeline, ACCC Chairman, Professor Allan Fels, announced today.
Professor Fels said that while the ACCC has decided to moderate NT Gas' proposed revenues, it will accept a range of changes that lead to benefits for both NT Gas and users of the pipeline.
"The ACCC has approved a 10 year access arrangement period for the Amadeus Basin to Darwin pipeline. However the ACCC's final decision under the National Gas Code does not approve NT Gas' access arrangement in its current form. The ACCC has set out the amendments it considers are necessary for NT Gas' access arrangement to be approved", Professor Fels said.
The final decision is available on the ACCC's website.