FY2013 Co-regulatory Forum, Friday, 18 November 2011, 9.30-12.00pm

FY2013 Co-regulatory Forum and Levy Consultation

Gas Industry Co has started preparing its Work Programme for the year ending 30 June 2013 (FY2013) and updating our Strategic Plan, covering the financial years 2013-2015. Between these two documents we aim to capture the strategic goals and the work requirements to deliver on our role as the industry body, in essence:

• seeking competition, efficiency and reliability in the delivery of gas to consumers; and

• delivering effective reporting on the current state and performance of the gas industry.

The Work Programme is also the basis for assessing the levy we will seek from the industry to fund our activities in FY2013 and our co-regulatory model relies on industry input. 

We will be holding our annual Co-regulatory Forum in Wellington on Friday morning, 18 November 2011, commencing at 9.30am. 

Following the Co-regulatory Forum, we will prepare a formal consultation paper on the scope and cost of Gas Industry Co activities planned for FY2013, and this will be circulated to stakeholders so they can make detailed submissions. 

If you would like to attend, would you kindly advise us of your attendees by Tuesday, 15 November 2011 (contact Kirsten West (04) 494 6584; kirsten [dot] westgasindustry [dot] co [dot] nz).  

Summary of Indicative Work Programme

In this current FY2012 year, we continue to progress the Strategic Plan activities that address issues identified in previous consultation with stakeholders.  In addition, we are engaged with the industry in addressing transmission access issues through the Gas Transmission Investment Programme (GTIP) and the Bridge Commitments. Looking ahead to FY 2013, however, we anticipate that total expenditure associated with sustaining the. 

The priority activities proposed in the Indicative Work Plan for FY2013 can be summarised as:

• Administering existing market arrangements, and in some cases completing reviews/improvements of those (Switching Rules, Reconciliation Rules, Critical Contingency Management Regulations, and the Compliance Regulations);

• Delivering scheduled outcomes for existing Strategic Plan commitments, including transmission pipeline balancing, improving gas quality arrangements, retail contract assessments, and distribution contract principles; and

• Addressing transmission capacity and access issues.