coal seam gas production
IndustryReferenced in 2 bills
Mineral and Energy Resources and Other Legislation Amendment Bill 2024
This bill reforms Queensland's framework for managing the coexistence of resource, renewable energy, and agricultural industries. It introduces a major new system for managing coal seam gas induced land subsidence, expands the roles of key coexistence institutions, streamlines regulatory processes across resources legislation, and modernises the Financial Provisioning Scheme for mining rehabilitation.
Royalty Legislation Amendment Bill 2020
This bill overhauls how Queensland calculates petroleum royalties, replacing the old 'wellhead value' system with a simpler volume-based model that applies different rates depending on whether gas is sold domestically, supplied to LNG projects, produced as part of an LNG project, or is liquid petroleum. It also brings mineral and petroleum royalty administration under the Taxation Administration Act 2001 for consistency with state taxes.