Voluntary gas disclosure may not be effective - GIC

Wed, 13 Mar 2019

By Gavin Evans March 14 (BusinessDesk) - A voluntary information disclosure regime for the gas industry may not be effective, given some parties have already signalled they won’t participate and others may be restricted by some existing supply agreements and tight controls in upstream joint-venture arrangements, the Gas Industry Company says. While such a voluntary regime could be a relatively low-cost and “unobtrusive” way to improve information on the country’s wholesale gas market, the GIC said it may be difficult to achieve industry a...

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