1. Promoting Free and Fair Trade in Gas K Peter Kolf Executive Director Office of Gas Access Regulation WA Energy Regulation and the Role of the Regulators Conference Novotel Melbourne on Collins 1 May 2001

2. Overview Natural Gas Markets in WA Free and Fair Trade in Natural Gas The Office of Gas Access Regulation The Gas Access Regime Objectives in Western Australia Outcomes

4. Domestic Gas Supplies TJ/d 19972000 North West Shelf 428 451 Harriet Pipeline System 119 191 Tubridgi Pipeline System 50 37 Perth Basin Gas 44 29 Total 641 708

5. Domestic Gas Transmission TJ/d 19972000 DBNGP 534 596 Goldfields Gas Pipeline 63 83 Parmelia Pipeline 44 29 Total 641 708

9. Gas Access Regulation in WA

10. Industry Funded Funded by “Covered” Pipelines –Service Charges for Direct Services –Standing Charge for Indirect Services

11. Approach in Western Australia Focus is on Access Independence of the Regulator Transparency Open Door Policy Consultation

12. Outcomes for WA Commercial Markets for Natural Gas Competitive Local Gas Supply Market Competitive Gas Pipeline Market Increasingly Competitive Gas Distribution Increasingly Competitive Gas Prices

14. Concluding Comment Main focus is: Promote Competition; Encourage Investment; Provide Value to Users; and Ensure Reasonable Return to Owners.

15. Promoting Free and Fair Trade in Gas K Peter Kolf Executive Director Office of Gas Access Regulation WA Energy Regulation and the Role of the Regulators Conference Novotel Melbourne on Collins 1 May 2001