The owner of the Dampier to Bunbury Natural Gas Pipeline (DBNGP) has unveiled plans to lower costs and reduce revenue from the asset.
Australian Gas Infrastructure Group (AGIG) said it was planning to cute $74 million in total expenditure and $130 million in revenue from the Western Australia pipeline, compared to the previous planning period.
The plan has been drafted in preparation for consultation with customers and stakeholders, with the proposed plans to be implemented from 2021 to 2025.
AGIG Chief Customer Officer Andrew Staniford said the company is inviting submissions on the draft plan by 28 June 2019.
“What we are proposing is to lower our costs by 11 per cent and reduce our revenue by 7 per cent, without compromising on safety, reliability or service,” he said.
“The feedback we have already received from our customers told us that price and the reliability of our service are fundamental for fuelling economic growth in WA.
“The draft plan provides an opportunity for our customers and stakeholders to understand and comment further on our detailed approach before we submit our final plan to the Economic Regulation Authority.”
The nearly 1,600 km DBNGP links gas fields located in WA’s Carnarvon Basin to mining, industrial and commercial users, as well as the residential market via other distributions networks.
For more information visit the AGIG website.
If you have company news you would like featured in Gas Today contact Assistant Editor David Convery at firstname.lastname@example.org