When arbitrating a
dispute the Arbitrator must, subject to sections 6.18(b) , (c) and (d), apply
the provisions of the Access Arrangement for the Covered Pipeline concerned.
In addition, the Arbitrator must take into account:
(a) the
Service Provider’s legitimate business interests and investment in the
Covered Pipeline;
(b) the
costs to the Service Provider of providing access, including any costs of
extending the Covered Pipeline, but not costs associated with losses arising
from increased competition in upstream or downstream markets;
(c) the
economic value to the Service Provider of any additional investment that the
Prospective User or the Service Provider has agreed to undertake;
(d) the
interests of all Users;
(e) firm
and binding contractual obligations of the Service Provider or other persons
(or both) already using the Covered Pipeline;
(f) the
operational and technical requirements necessary for the safe and reliable
operation of the Covered Pipeline;
(g) the
economically efficient operation of the Covered Pipeline; and
(h) the
benefit to the public from having competitive markets.