Queensland Consolidated Acts

NATIONAL GAS (QUEENSLAND) LAW - SECT 30AA

30AA Definitions

In this Division—

"bilateral trading agreement" means an agreement, entered into outside a wholesale gas market, to supply covered gas—

(a) to a wholesale gas market participant; or

(b) to an end user—

(i) other than by a retailer; or

(ii) by a retailer in a quantity exceeding the amount prescribed by the wholesale market monitoring guidelines;

(a) volatility in the price for 1 or more covered gases in a wholesale gas market;

(b) volatility in supply and demand in a wholesale gas market;

(c) volatility in the price of services involved in the extraction, refinement or processing, transportation or storage of 1 or more covered gases;

(a) the supply of covered gas;

(b) the purchase of covered gas;

(c) the transportation of covered gas;

(d) the storage of covered gas;

(e) the refining or processing, including compression and blending, of covered gas;

(f) relating to emissions produced or avoided in the extraction, refining or processing, supply or use of covered gas;

(g) a function or process prescribed by the Regulations or the Rules;

(a) a bilateral trading agreement;

(b) a financial risk management product;

(c) a gas contract;

(a) a wholesale market for covered gas, regulated under this Law and the Rules, including the following:

(i) a declared wholesale gas market;

(ii) a short term trading market;

(iii) a gas trading exchange; or

(b) a wholesale market for the transportation or storage of covered gas including a capacity auction; or

(c) a wholesale market prescribed by the Regulations;

(a) a person who is registered on the Gas Bulletin Board;

(b) a person who supplies covered gas to or withdraws covered gas from a gas trading exchange administered by AEMO;

(c) a Registered participant;

(d) a member of a class of persons prescribed by the Regulations or the Rules;