There are four interlinked documents that govern the operation of the New Zealand Gas Exchange:
Participant Undertaking, Rules of the New Zealand Gas Exchange, Participant Variance Agreement, Standard Trading Terms.
Other Documents:
- Determinations Document: This document contains various parameters governing the operation of the New Zealand Gas Exchange (as required by the Rules) and the process by which participants will be cashed-out for any imbalances they create at the Trading Hub (as required by the Participant Variance Agreement).
- Guidelines on Adjusting Net TQ: This document sets out principles by which Gas Industry Co will calculate Net Traded Quantities and cash-outs in the event of a curtailment at the Trading Hub, as required by the Participant Variance Agreement.
- How to Trade on the New Zealand Gas Exchange: This document is a users' guide to the New Zealand Gas Exchange and includes references to the relevant trading rules.