In response to the gas supply disruption caused by the Varanus Island gas explosion the IMO has developed a Gas Bulletin Board (GBB). The GBB will provide a platform for Western Australia's gas industry to facilitate the contracting of natural gas between buyers and sellers.

The IMO has been contracted to provide this service by the Office of Energy.

Trading on the GBB is voluntary and open to all bona fide buyers and sellers (including users) of natural gas. Gas Traders using the GBB must register with the IMO. A link to the Registration Form and GBB Users Agreement is included below.

The GBB will operate on a day ahead basis with weekend gas being matched on a Friday.

Trades for extended or special contract terms (e.g. multiple day, week or month supply, minimum quantities, etc.) can be facilitated with 24 hours' notice.

The minimum trade quantity (buy or sell) accepted for day ahead trade is 0.5 TJ.

Traders wishing to sell gas in quantities less than 0.5 TJ can submit special term submissions for quantities starting from 0.1 TJ.

Once introduced, the buyer and seller negotiate their own contract terms. All transactions facilitated through the GBB are bilateral.

All successful buyers and sellers of gas will need to make their own arrangements for transport and payment.

The GBB will initially cover exchanges of natural gas at Dampier for transport through the Dampier Bunbury Natural Gas Pipeline (DBNGP). A DBNGP transport guide will soon be published on this site.

Each business day, between 10 am and 11 am, Traders submit bids to buy and offers to sell natural gas, to the IMO. At 11.00 am the IMO matches bids and offers received and advises successful buyers and sellers.

The IMO will publish by 12.00 noon a Daily Bulletin Board that includes a list of all bids and offers as well as details of any historical gas transactions that are voluntarily provided by Gas Traders.

These bids and offers and historical trades are posted on the Daily Gas Bulletin Board without the Gas Trader identities being disclosed.

 

Gas Bulletin Board Documents

GBB Presentation

GBB Information Paper 

Registration Form  

User Agreement

Submission Forms

Guide for Trades on Special Terms

List of Traders Registered with GBB

 

Gas Bulletin Board Contacts

Contact details for the Gas Bulletin Board are:

Phone (08) 9254 4300

Fax (08) 9254 4399

Email: gbb@imowa.com.au

 

Daily Bulletin Board

A link to the Daily Bulletin Board can be found here.

 

Weekly Report

A weekly report on the Gas Bulletin Board can be found here.