The Australian gas industry was deregulated in 1997. This required retailing functions to be tightly 'ring-fenced' from the ownership and operation of gas distribution networks. The networks are subject to open access which allows multiple retailers to compete for customers in markets previously considered monopolies.
(Part 7 Financial Reporting obligations have now been replaced by Part 10 Financial Reporting obligations. The below includes historical information for years 2020 to 2023)
AGN provides financial reporting information for its pipelines that are subject to light regulation according to AER’s Financial Reporting Guideline for Light Regulation Pipelines.
Photo: Aerial view of Gladstone Marina
Read more about the AER and its regulatory role in the natural gas market at https://www.aer.gov.au/networks-pipelines/our-role-in-networks.