OIL

Epic in struggle with WA regulators

All eyes will be on the Full Court of the WA Supreme Court this week as Epic Energy will try to overturn the WA independent gas regulator's draft decision on the Dampier-to-Bunbury gas pipeline.

Big gas customers, pipeline owners, bureaucrats and governments will watch with more than curious interest in the deliberations. Already, Epic Energy has been making noises about not investing additional money in infrastructure if a negative legal decision does not go its way.

Epic, which bought the pipeline in 1998 from the then Court Government for $2.4 billion, wanted to charge $1 a gigajoule to Perth and $1.08/Gj south of Perth. However, a draft decision by the WA Office of Gas Access Regulation (OffGAR) recommended transportation tariffs of 75c/Gj to Perth and 85c/Gj south of Perth.

In August, Epic commenced legal action against the regulator, claiming he had failed to take into account the vested interests of all parties. Later that month, the WA Supreme Court ruled Epic had a case to argue and referred the action to the Full Court.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry