Consultation on the Modification of the Gas Transporter Standard Licence Conditions and introduction of relative price control condition for independent gas transporters

Gas Transporters (IGTs) set out in this letter that are necessary to implement Ofgem's July 2003 final proposals. This letter includes a summary of the final proposals and implementation procedure; and an explanation of how the licence modifications are designed to put in place each element of the final proposals. An annex to this letter sets out a log of the proposed changes to the licence conditions and copies of the draft licence modifications.