AST ausnet services limited

News: AST Ausnet Services says AER rejected Co's proposed gas marketing program

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    July 6 (Reuters) - Ausnet Services Ltd (AST)

    • Asx alert-Gas access arrangement review - AER draft decision-ast.ax
    • AER has rejected Ausnet Services' proposed gas marketing program which accounts for majority of reduction in operating expenditure
    • Is reviewing draft decision thoroughly to determine its full impact
    • Reduction in revenue from co's proposal predominantly results from AER adopting its preferred value of imputation credits
    • Australian energy regulator published draft decision on Ausnet Services' 2018-22 gas access arrangement review proposal
    • Final decision on the proposal is expected by 29 November 2017
 
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