The Australian Energy Regulator is seeking views on its draft decision Access Arrangement that will apply to APT Pipelines (NT) Pty Ltd (APTNT) for the Amadeus Gas Pipeline from 1 July 2016.
“The AER’s draft decision provides for reductions in revenues below those proposed by APTNT. This is because of a lower rate of return”, AER Chair Paula Conboy said.
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.