Australia's changing natural gas and pipeline industry

The future is bright for continued development of Australia`s natural gas pipeline infrastructure, as well as for privatization and private energy infrastructure growth. Gas demands are growing and the development of open access principles for all natural gas transmission and distribution pipelines heralds a much more market focused industry. Within the next few years gas-on-gas competition will apply to supply, pipelines, and retail marketing. No longer will operators be able to pass on high costs resulting from inefficiencies to their customers. This article describes the changing Australian gas industry, evaluates the drivers for change and looks at ways the industry is responding to new regulatory regimes and the development and use of new pipeline technology.