Deliver a National Gas Plan – halve environmental approval timelines and reform offshore gas regulations

Summary of proposal

The proposal would:

  • halve environmental approval timelines while keeping standards high, including by accrediting the states and territories to provide approvals which meet Commonwealth legislative requirements
  • reform offshore gas regulations to streamline approvals, and mandate timeframes and arrangements.

The proposal would start on 1 July 2025.

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Deliver a National Gas Plan – halve environmental approval timelines and reform offshore gas regulations

Summary of proposal

The proposal would:

  • halve environmental approval timelines while keeping standards high, including by accrediting the states and territories to provide approvals which meet Commonwealth legislative requirements
  • reform offshore gas regulations to streamline approvals, and mandate timeframes and arrangements.

The proposal would start on 1 July 2025.

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Deliver a National Gas Plan – implement consistent reporting requirements across the east coast gas market

Summary of proposal

The proposal would mandate the implementation of consistent reporting requirements across the east coast gas market.

The proposal would start on 1 July 2025.

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Deliver a National Gas Plan – implement consistent reporting requirements across the east coast gas market

Summary of proposal

The proposal would mandate the implementation of consistent reporting requirements across the east coast gas market.

The proposal would start on 1 July 2025.

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Deliver a National Gas Plan – implement consistent reporting requirements across the east coast gas market

Summary of proposal

The proposal would mandate the implementation of consistent reporting requirements across the east coast gas market.

The proposal would start on 1 July 2025.

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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Deliver a National Gas Plan – additional components

Summary of proposal

The proposal would seek to:

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Deliver a National Gas Plan – introduce a gas security incentive

Summary of proposal

The proposal would introduce a Gas Security Incentive charge on gas exports, excluding long-term foundation contracts.

The charge would be just above the difference between the long-run marginal cost of production and the export parity price.

Once an exporter meets its annual obligation to supply the domestic market, the charge would be rebated, and its exports would no longer be subject to the charge.

The proposal would start on 1 July 2025.

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