This discussion paper builds on the feedback received from stakeholders on the June 2006 Options Paper. It focuses on downstream reconciliation and details Gas Industry Co's preferred approach for addressing areas where current downstream reconciliation practices are failing to deliver Government's policy aims or appropriately meet industry's requirements.
The preferred approach could potentially be implemented under either a pan-industry agreement or a regulatory arrangement. Attached to the discussion paper as Appendix D is a high-level summary of the possible structure of a regulatory arrangement and attached as Appendix E is a framework cost-benefit analysis paper prepared by NZIER.