Reporting of these transactions to the East Coast Gas Bulletin Board commenced on 15 March 2023.
High-quality information on these transactions is important for participants, policy makers and regulators, including the AER. Sellers and buyers can use pricing information from these transactions to inform recontracting, while for policy makers and market bodies the location of volumes could inform the potential for new market trading locations. This data, combined with other information, including the new pipeline data to be reported from late 2023, will assist to provide a more complete view on how gas is sold, stored, transported, and delivered.
The report also summarises feedback from industry stakeholders on the effectiveness of current reporting practices and provides recommendations for enhancing future reporting, including strategies to address existing complexities in industry data reporting.
We will maintain our commitment to regular reporting of this data through quarterly wholesale market reports and expand our engagement with industry partners and policymakers in 2024 to discuss the data's utility and gather feedback on our proposed data improvements.
For further information, please go to Performance Reporting.