The Australian Energy Regulator (AER) is seeking feedback for their draft decision for the Amadeus gas pipeline.
The draft decision access arrangement will apply to APT Pipelines (NT) for the Amadeus Gas Pipeline from 1 July 2016.
The Australian Energy Regulator Chair, Paula Conboy, said, “The AER’s draft decision provides for reductions in revenues below those proposed by APTNT. This is because of a lower rate of return.”
The AER’s draft decision reflects an improved investment environment with significantly lower interest rates compared to previous years, which translates to lower financing costs necessary to attract efficient investment.
The AER is now seeking views from APTNT and other stakeholders.
The AER will consider APTNT’s revised proposal and all stakeholder views provided before making its final decision in April 2016.