Action item 14.28
Progress
Complete.
Approved by decision makers.
Recommendation implemented.
That prior to the grant of any further production approvals, the Government considers developing and implementing a tiered regulatory model such as the one in SA, whereby gas companies with a demonstrated record of good governance and compliance require a lower level of monitoring, with a corresponding reduction in regulatory fees.
Target completion date
Completed
Reform area
Ensuring accountable industry practice
Project action
Monitoring gas companies and their operations
Lead agency
Department of Environment, Parks and Water Security
Department of Industry, Tourism and Trade
Department of Industry, Tourism and Trade
Action item update
Implementation
The Northern Territory Government has determined that all petroleum operators will require a high level of monitoring by the regulator for at least 5 years following the recommencement of unconventional gas activity in February 2019.