Adelaide Advertiser
Thursday 30/4/2009 Page: 41
Petroleum and geothermal energy laws will be improved under proposed legislation introduced into State Parliament yesterday. Mineral Resources Development Minister Paul Holloway said the Petroleum (Miscellaneous) Amendment Bill 2009 aimed to keep the legislation ahead of advances in the hot rock energy and greenhouse gas storage sectors.
The legislation would strengthen the provisions for gas storage to encourage greenhouse gas abatement, provide for enhanced competition in the processing sector and enhance the landowner notice of entry and compensation provisions. "These changes are supported by the petroleum and geothermal industries and follow extensive consultation," Mr Holloway said.
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