Wallumbilla Gas Supply Hub & Services GAB Meeting 20 May 2014 - PowerPoint PPT Presentation

Wallumbilla Gas Supply Hub & Services GAB Meeting 20 May 2014 John Jamieson

Wallumbilla Gas Supply Hub � Voluntary Market which commenced operation on 20 March 2014 � ~ 2 Year development process � Consists of 3 trading nodes at the inlets to RBP, QGP & SWQP � Trading to date only on RBP node (~5TJ/d @ ~$3) APA Group Presentation � 2

Wallumbilla Gas Supply Hub � APA is not a direct party to the Market, Shippers incorporate trade volumes into aggregated pipeline nominations - contractual changes were required with shippers to give access to additional receipt points � APA has introduced new services to help facilitate the market and enhance liquidity; – In Pipe Trades – facilitate transfer of title between shippers – Capacity Trading – facilitates operational transfer of contracted firm capacity between Shippers via a secondary trading market – Capacity Trading Website: http://capacitytrading.apa.com.au/ APA Group Presentation � 3

Operational Capacity Transfer Model $ Seller Buyer (Shipper) (Shipper) Direct Payment Direct Payment Bilateral Agreement for Participation Nominations Nominations for Allocations Allocations and Ad Hoc $ Transportation $ Charges (e.g. and Capacity Imbalance, Operational Trading Variances, Charges MDQ Overruns ) Pipeline Operator (APA Group) APA Group Presentation � 4

Capacity Trading Overview � All shippers must be signed up to a Gas Transportation Agreement (GTA) � Only firm forward capacity (MDQ) can be traded � RBP and SWQP only � Traditional firm forward MDQ will be split into ‘Contract MDQ’ and ‘Operational MDQ’ � Capacity Trades must be confirmed 24 hours prior to the start of the Gas Day. � Minimum of 100 GJ per trade and one day duration � Trades can only be entered into APA systems for up to 90 days in advance � Capacity trades between specified Receipt and Delivery points � APA has a public and internal website available for buyers and sellers of capacity to advertise capacity bids and offers APA Group Presentation � 5

For further information contact Delivering Australia’s John Jamieson Energy Markets & Risk Manager Strategy & Service Delivery APA Group Tel: 07 3323 6023 E-mail: john.jamieson@apa.com.au or visit APA’s website www.apa.com.au