Our Products

Iona Products & Services

The Iona Gas Plant provides the following products and services to the gas industry:

Gas Storage Services

Includes receipt of gas from pipeline connection points for compression and injection into reservoirs, storage of gas in the reservoirs, and withdrawal of gas from reservoirs for injection into pipeline connection points. 

Raw Gas Processing Services

Includes receipt of raw gas from onshore or offshore fields for treatment and processing at Iona Gas Plant and delivery of sales gas.

Compression Services

Includes the receipt of gas from pipeline connection points for compression through Iona Compression Facilities to increase pressure for delivery into other pipeline connection points. From 1 March 2019, Compression Services can be separately acquired through the Capacity Trading and Day-Ahead Auction Platforms operated by AEMO.

Capacity Trading & Day-Ahead Auction

Operational Transportation Service Agreement (Iona Compression)

In order to acquire compression services at Iona Compression Facilities through the Capacity Trading and Day-Ahead Auction platform, prospective customers must enter into an Operational Transportation Services Agreement (OTSA) with Lochard.

Lochard is required to publish a standard form of OTSA (Iona Compression) and a prospective compression service user may make a request to Lochard Energy to enter into this agreement.

The terms of the standard OTSA (Iona Compression) include the required Standard Terms set out in the Operational Transportation Services Code, as well as Lochard Energy’s Facility Specific Terms which set out terms tailored to the requirement of the Iona Compression Facilities.

A full copy of the standard OTSA (Iona Compression) is available here. The second version (version 2) was published and was effective from 1 November 2019. Version 2 will remain current until a notice is published on Lochard Energy’s website that there has been a revision.

As required by the NGR, Lochard Energy has also published a comparison between this version and the previous version, dated 22 January 2019 and located here.

For general information on Capacity Trading and the Day-Ahead Auction, please visit AEMO’s information page or to enquire about any of Lochard’s products and services, please contact our Commercial Team at gasstorage@lochardenergy.com.au or 03 8646 0550.

OTSA Standardisation Cost Charges

 

OTSA Standardisation Charges (as at 7 October 2019)

Service Type

Fixed Charges $/month

Tariff, $/GJ

CTP Compression7500.02
DAA Compression7500.0461

 Note: charges are ex-GST in 2019$ and are not CPI escalated
Note: Variable tariffs are applied to the Buyer’s MDQ

OTSA Standardisation Charges (1 March 2019 – 6 October 2019)

Service Type

Fixed Charges $/month

Tariff, $/GJ

CTP Compression00.10
DAA Compression10000.50

Note: charges are ex-GST in 2019$ and are not CPI escalated
Note: Variable tariffs are applied to the Buyer’s MDQ

For detailed information regarding Lochard Energy’s Standardisation Costs, trading assumptions and the determination of Standardisation Charges, please see the OTSA Standardisation Cost Charges information pack here.

Gas Day Harmonisation

Lochard Energy’s transition plan for Gas Day Harmonisation, commencing at 6am AEST on 1 October 2019, can be found here.