The Utility Regulator publishes consultation paper on Gas Storage Regulatory Framework
Published:
Consultation opened on
. Closing date
at
18:00.
Summary
Recent industry interest in developing gas storage facilities in salt layers within the Larne area has prompted the need to develop a suitable gas storage regulatory framework for Northern Ireland. Storing gas is a licensable activity in Northern Ireland; however the Utility Regulator has never received a gas storage licence application. As a result of the industry interest in Larne we are now consulting on some key principles of how we would regulate gas storage facilities in Northern Ireland.
The Gas Storage Regulatory Framework Consultation Paper sets out the Utility Regulator’s initial views on the most appropriate gas storage framework for Northern Ireland.
Since a gas storage licence will form a key part of the regulatory framework a Concept Draft Gas Storage Licence accompanies the consultation paper.
The consultation paper seeks the views of all participants on the most appropriate regulatory regime for gas storage facilities in Northern Ireland. In particular the paper seeks comments on the negotiated and regulated third party access regimes, exemption criteria and the indicative licence conditions.
The Gas Storage Regulatory Framework Consultation Paper sets out the Utility Regulator’s initial views on the most appropriate gas storage framework for Northern Ireland.
Since a gas storage licence will form a key part of the regulatory framework a Concept Draft Gas Storage Licence accompanies the consultation paper.
A copy of the paper will be made available in large print, Braille, audio cassette and a variety of relevant minority languages if required.