The Department of the Environment and Energy (the Department) would like to thank all the stakeholders who participated in the recent consultation process on mandatory reporting of petroleum statistics.
We greatly appreciate the contributions of everyone who engaged in the process. The Department has completed its evaluation of the feedback received and can advise that there was broad support for mandatory reporting, but a variety of views on how it could best be implemented.
This paper sets out the Department’s evaluation of stakeholders’ preferred design framework for mandatory reporting based on the responses received. It is intended to help potential reporters understand how mandatory reporting is likely to apply to them.
It is important to note that this paper is indicative and the final approach may differ.