Draft Oil Regulations Underway | Mirage News

In May, the Legislature passed a significant package of legislative changes that strengthen the state’s existing oil laws and open the door to two new industries.

The Petroleum Legislation Amendment Act 2024 will introduce a framework to enable the continued transport and storage of greenhouse gases in Western Australia. It will also enable the exploration and production of naturally occurring hydrogen through a new concept of prescribed regulated substances.

In addition, the legislation formally recognises care and maintenance and decommissioning and rehabilitation as specific phases of operations. It also supports the introduction of the polluter pays principle.

The Department has begun developing supporting regulations and will continue to engage with stakeholders throughout the process.

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