GGT general manager David King said the company would assess the draft recommendation and respond in due course. He said the recommendation was still only a draft and that there was "a long way to go" before a final recommendation was made.
GGT said a successful application would have eliminated the current overlap between the Goldfields Gas Pipeline State Agreement and the Code - which it said had been a point of contention for GGT, the WA Gas Access Regulator, the WA State Government and pipeline users.
King said that while there were some observations made by the NCC that would require detailed analysis before he could comment further, GGT's view was that the existing Goldfields Gas Pipeline State Agreement had delivered a competitive energy market in the region and that duplicated coverage under the Code was still not justified.
"Coverage under the Code is unlikely to deliver more competition, improve access for third parties or generate greater investment in energy infrastructure. In our experience, the State Agreement is working well for third parties, and the revocation application should be approved," King said.
King said that revocation would resolve the regulatory overlap between the Goldfields Gas Pipeline State Agreement and the Code - which has been a point of contention for GGT, the WA Gas Access Regulator, the WA State Government and pipeline users.
ERN incorrectly reported last week that the application was to prevent third party access to the pipeline and apologises for the mistake.