INQUIRY INTO PETROLEUM (ONSHORE) AMENDMENT (CANCELLATION OF ZOMBIE PETROLEUM EXPLORATION LICENCES) BILL 2021

Description

The objectives of the Petroleum (Onshore) Amendment (Cancellation of Zombie Petroleum Exploration Licences) Bill 2021 are twofold: first, to provide for the expiry of petroleum exploration licences at the end of their respective term unless renewed and second, to cancel exploration licences remaining in force due to a pending renewal application.
The Submission focuses on aspects of agricultural land preservation, since there are particular risks associated with petroleum exploration licences remaining dormant for substantial periods of time.

Period	May 2021
Work for	NSW Parliament. Legislative Assembly , Australia
Degree of Recognition	National