Settlements
This page lists the procedures and guidelines that govern the settlement process in the Declared Wholesale Gas Market (DWGM). It also includes information about how AEMO calculates interest rates for settlements.
DWGM Sample Settlement Statements
The sample settlement statements below contain an example of preliminary, final, and revision statements sent out by AEMO to all relevant market participants for a billing period.
DWGM settlement reconciliation mapping
This guide is designed to help DWGM trading participants reconcile provisional market data and settlement data.
Guides applicable to the current operation of the Victorian DWGM until 31 December 2022:
Guides applicable to the current operation of the Victorian DWGM from 1 January 2023:
Gas market settlement revision guideline
This guideline explains when AEMO prepares and issues revised statements for the DWGM. This information also applies to the Short Term Trading Market (STTM).
Allocation information
Longford allocation
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12/10/2018
Template for Longford certified values
Used by Longford participants (or their Information Provider) to provide certified values.
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01/10/2018
Template for the appointment of the information provider at Longford
Used by a participant to confirm the appointment of a second participant as the Information Provider at Longford.
24.91 KB
Accreditation
Procedures, guidelines and templates relating to the accreditation of controllable quantities for injection and withdrawals in the DWGM, including allocations and sub-allocations.
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08/02/2019
Wholesale Gas Market Accreditation Procedures (Victoria) v4.0
This procedure provides information about the accreditation of controllable quantities for injection and withdrawals in the DWGM, including allocations and sub-allocations.
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10/02/2023
Application for accreditation of controllable quantities (injections/withdrawals)
Application form for accreditation
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10/02/2023
DWGM Allocation and Sub-Allocation Establishment Guidelines
Guidelines for Market Participants to enter into a new allocation or sub-allocation arrangement at a particular injection or withdrawal point in the DWGM.
227.09 KB -
10/02/2023
Template for allocation and sub-allocation contract (with AEMO)
Used for sub-allocation agreements between a participant and AEMO.
324.95 KB -
16/11/2017
Template for the appointment of an allocation or sub-allocation agent
Used by a participant to confirm the appointment of a second participant as an allocation agent or sub-allocation agent at an injection or withdrawal point.
63.74 KB
Other procedures
Other procedures relating to settlements in the DWGM.
The following DWGM Wholesale Market Procedures will no longer be applied after gas day 31 December 2022:
The following Victorian DWGM Wholesale Market Procedures will apply from gas day 1 January 2023, (replacing those listed above):
Interest rate
Where interest is applied to settlement amounts, AEMO has determined the interest rate – as referenced in the NGR – to be the one-month Bank Bill Swap Reference Rate mid-rate determined by the Australian Securities Exchange (ASX).