On 23 December 2005 GasNet lodged an application under section 8.21 of the Gas Code seeking the ACCC’s agreement that forecast capital expenditure (New Facilities Investment) to extend the Southwest pipeline from Lara to Brooklyn will meet the requirements of s. 8.16(a) of the Gas Code. The effect of such an agreement would be to bind the ACCC’s decision when it considers revisions to GasNet’s Access Arrangement in 2007.
The ACCC issued a draft decision on 5 April 2006. The ACCC invites submissions from interested parties on its draft decision by 28 April 2006 and expects to make a final decision no later than June 2006.