Last updated 27 September 2018
Jemena VicHub is a strategic gateway into and out of the Declared Wholesale Gas Market, linking the gas trading hubs of NSW and ACT to Victoria, assisting shippers to manage risk and optimise their gas portfolios.
VicHub, located at Longford Victoria links the Declared Wholesale Gas Market (DWGM) and the Eastern Gas Pipeline (EGP). It provides bi-directional transportation for shippers who either:
- Receive gas at the Orbost Gas Plant (Patricia Baleen) and require access to the DWGM.
- Seek to store gas on the EGP to take advantage of supply and pricing volatility and manage risk.
VicHub is located at Jemena’s facilities at Longford in Gippsland, Victoria. Coupled with EGP, it allows shippers to easily source gas from a variety of receipt points including:
- Longford Gas Plant
- Patricia Baleen Gas Plant (Orbost Receipt Point)
- The Victorian Declared Wholesale Gas Market (DWGM)
- Sydney Short Term Trading Market (STTM) and ACT
Using VicHub withdrawal services, gas can be withdrawn from the DWGM on an intraday basis and stored and/or transported on the EGP. Similarly the Injection service facilitates the intraday delivery of gas from the EGP to the DWGM.
This functionality allows shippers to take advantage of the difference in gas pricing between both market schedules (time based) and geographical locations (STTM vs DWGM vs gas supply contracts). VicHub provides shippers with enhanced flexibility when managing their gas portfolio whilst minimising the scheduling risk associated with the Victorian DWGM.
VicHub services may provide shippers with a cost effective means of minimising deviation penalties should market participants experience constraints within other parts of the network, thus mitigating their potential market exposures and risk.
Shippers seeking transportation services on VicHub will also require an associated EGP service to manage daily imbalances.
We look forward to discussing your gas transportation requirements.
To discuss your gas transportation needs, please contact Andrew Zancanaro, Commercial Manager Southern Pipelines (03) 9173 7835 or firstname.lastname@example.org.
Pursuant to Rule 558 of the National Gas Rules, the User Access Guide can be found here.
The information contained in these pages is current as at the date of publication and will remain current for the foreseeable future, or until the stated date where noted next to information that requires periodic update.