- Draft Petroleum Legislation Amendment Bill (No.2 2022) released for consultation
- Bill to modernise Petroleum Acts and enable exploration and production of naturally occurring hydrogen
Mines and Petroleum Minister Bill Johnston has today announced the release of draft laws to support the State’s emerging hydrogen industry and modernise existing petroleum legislation.
The Petroleum Legislation Amendment Bill (No.2 2022) seeks to amend the Petroleum and Geothermal Energy Resources Act 1967 (PGERA), Petroleum Pipelines Act 1969 (PPA) and Petroleum (Submerged Lands) Act 1982 (PSLA).
The Bill addresses a number of urgent petroleum operational-based amendments to the three Petroleum Acts relating to environmental aspects, royalty calculation, underground storage and additives.
It will also enable the exploration and production of naturally occurring hydrogen. By introducing the new concept of ‘regulated substances’, the Bill proposes that these activities be regulated under the legislative framework within the PGERA and PSLA.
A 12-week consultation period will now begin for stakeholders to provide their feedback on the proposed amendments.