COAG Energy Council Australian Gas Market Vision (December 2014)

Publication date: Thursday, 11th December 2014.

The COAG Energy Council's vision for Australia's future gas market recognises the significant transformation occurring in our markets and the need for governments to guide gas market development and provide certainty for all stakeholders.

The Council's vision is for the establishment of a liquid wholesale gas market that provides market signals for investment and supply, where responses to those signals are facilitated by a supportive investment and regulatory environment, where trade is focused at a point that best serves the needs of participants, where an efficient reference price is established, and producers, consumers and trading markets are connected to infrastructure that enables participants the opportunity to readily trade between locations and arbitrage trading opportunities.

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