Follow us:
Subscribe to our newsletter

logo

  • News
  • Projects
  • Business and Finance
  • Innovation
  • Products and Services
  • Events
  • Online Magazine
  • Advertise
  • Contact
Home
  • News
  • Projects
  • Business and Finance
  • Innovation
  • Products and Services
  • Events
  • Online Magazine
  • Advertise
  • Contact
Quotes by TradingView

Restart of Victoria’s onshore conventional gas industry edges closer

02 Jun, 2021
406
Restart of Victoria’s onshore conventional gas industry edges closer



The restart of Victoria’s onshore conventional gas industry is on track according to the State Government, and industry can expect to start exploration and development activity from 1 July 2021.

The onshore conventional gas restart follows three years of detailed scientific investigations by the Victorian Gas Program, which found an onshore conventional gas industry would not compromise Victoria’s environment or the state’s vital agricultural sector. These aspects will need oversight initially when onshore conventional gas activities return from 1 July 2021.

Meanwhile, an independent Stakeholder Advisory Panel made up of farmers, environmental groups, industry representatives and local councils, chaired by Lead Scientist Dr Amanda Caples, has recommended project transparency and community engagement to improve through new Petroleum Regulations.

The onshore conventional gas moratorium ended on 16 June 2020 with the passing of the Petroleum Legislation Amendment Bill 2020. Since then, Earth Resources Regulation has visited existing sites as part of a program to ensure compliance with existing safeguards and that tenement holders are prepared for the new regulatory regime.

The Department of Jobs, Precincts and Regions’ Head of Resources, John Krbaleski, said interim regulations will be in place for the 1 July onshore conventional gas restart and the improved Petroleum Regulations 2021 will soon follow.

“[They will] be in place to guide explorers and developers on engaging with the community as a key part of their project plans,” Mr Krbaleski said.

“The extension to the current regulatory provisions ensures there are no risks to the community or the environment.”

The Regulatory Impact Statement consultation period for the Petroleum Regulations 2021 will open soon to enable the community and industry to assess them. The improved provisions of the new regulations will be in place in time for the relevant stages of onshore conventional gas activities.

The Government expects that the south-west of Victoria and Gippsland are the main regions set to benefit from the restart, where geoscience studies have located potentially significant onshore conventional gas resources.

Related Articles

Woodside and BHP

To be ship shape Australia’s new fleet must be geared for gas

Surat Gas Project

Arrow Energy fined for breaches to land access framework

8th Annual IoT in Oil & Gas Conference

Longford Gas

Processing facility to recycle CO2 from the Longford Gas Conditioning Plant

Comments

Leave a comment Cancel reply

You must be logged in to post a comment.

all news all projects

Latest Posts

  • Latest News
  • Latest Projects
27 Jun

Bullish gasoline market wreaks havoc on European petrochemicals: ICIS

16 Jun

Microfossils provide clues about Australia’s petroleum potential

15 Jun

AEMO makes unprecedented decision to suspend energy market

15 Jun

Wage rises to be felt, but lack of skilled workers a bigger issue

15 Jun

Sanctions weaken oil and gas construction pipeline in Eastern Europe

17 Jun

Esso Australia starts technical tender for Bass Strait decommissioning

17 Jun

Study to check feasibility of turning Torrens Island into a hydrogen hub

17 Jun

AXP energy boosts production with low-cost well re-completion in the US

15 Jun

bp to lead and operate WA renewables and green hydrogen energy hub

15 Jun

Partners to develop offshore renewable green hydrogen production

Online Magazine

    Current Cover
  • Login
  • Subscribe

Subscribe

Subscribe to our newsletter or print magazine

Our Titles

  • Home
  • Contact Us
  • Terms and Conditions
  • Privacy
© Sage Media Group 2022 All Rights Reserved.
×
Authorization
  • Registration
 This feature has been disabled
 This feature has been disabled until further notice, however you may still register
×
Registration
  • Autorization
Register
* All fields required