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The ICD process is a facilitated consultative forum at which pipeline owners, industry participants, and Gas Industry Co work together to design and implement a unified balancing regime for the gas transmission system that will avoid or minimise the need for regulatory intervention to achieve the relevant objectives of the…

As indicated in the Statement of Proposal, Gas Industry Co made a recommendation to the Associate Minister of Energy and Resources that rules be made for balancing arrangements in New Zealand. The text of the advice can be viewed or downloaded below.

On 5 August 2015, Vector issued a Change Request Notification proposing to extend the term of the code by changing the “End Date” from 30 September 2015 to 20 September 2017.

The Vector Transmission Code (VTC) sets out the multilateral terms of access to Vector’s transmission pipelines. Although not a party to the VTC, Gas Industry Co originally had a role in considering VTC Change Request appeals.

Date Published: 01 August 2013

Contact Energy Limited (Contact) proposed a change to the Vector Transmission Code (VTC) on 6 May 2013. Vector did not consent to that change. Contact appealed to Gas Industry Co, in our VTC appeals body role, to have the Change Request allowed.

Date Published: 28 February 2013

Gas Industry Co received submissions on the 27 November 2012 VTC Change Request. These can be found in the Overview section above. Having considered submissions on the change request, Gas Industry Co has prepared the following draft recommendation.

Vector Limited (Vector) proposed a change to the Vector Transmission Code (VTC) on 5 July 2012 that did not receive the 75% support from Shippers necessary for it to be adopted.

Gas Industry Co has considered submissions on the draft recommendation. None of the submissions challenged the draft recommendation's analysis or conclusions, or introduced any new material for consideration.

Having considered all relevant information, including the submissions made in respect of the draft recommendation, Gas Industry Co has prepared the following final recommendation. In accordance with section 25. 7 of the VTC, this recommendation is final and binding on all parties to the VTC.