A Study of Liquefied Natural Gas Development in Australia and Requisite Learnings for Canada

On- and offshore the West Coast are the Carnarvon and Browse basins; the Bonaparte Basin is in the north and the Gippsland Basin is in the southeast. [...] Later in 2014, the council released its vision for the gas market and the Australian Gas Market Development Plan in order to improve visibility and accountability.9 At the commonwealth level, the Australian government administers and collects taxes and charges on the recovery of oil, gas and condensate with a profits-based levy on all oil and gas projects both onshore and offshore.10 State and ter [...] In late 2018, a task force from the governments of the commonwealth, the states and the Northern Territory released a non-partisan initiative to deliver a road map for the entire resources sector. [...] The council’s approach is based on several principles: promoting the interests of electricity and gas consumers; overseeing competitive electricity and gas markets and effective regulation of network monopoly infrastructure; greater productivity, energy efficiency and sustainability; industry and stakeholder participation in policy development and implementation; 38 Some of the less prepared or co [...] A Study of Liquefied Natural Gas Development in Australia and Requisite Learnings for Canada Page 11 by Kelly J. Ogle November 2019 A Study of Liquefied Natural Gas Development in Australia and Requisite Learnings for Canada and regulatory and governance reform to streamline processes and decision-making and deliver outcomes more efficiently and consistently.41 This is certainly something Canada s