Australia seeks comment on offshore GHG storage
The Australian government on September 14 called for public consultation on five potential areas for the 2021 offshore greenhouse gas (GHG) storage acreage release. Submission can be made until October 12.
Minister for resources and water Keith Pitt said the acreage release provides opportunities for companies to explore sites that have the potential for permanent geological storage of CO2 offshore Australia.
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“This acreage release comes at a time when the oil and gas industry is looking for pathways to reduce their carbon emissions,” Pitt said. “Carbon capture and storage is a priority low-emission technology for reducing the emissions of Australia’s resources sector.”
The minister said that consultation will inform a decision to release an area for bidding. Submissions will also assist potential explorers to understand factors they may need to consider when applying for an area or when planning exploration activities.
“The government welcomes feedback from stakeholders on how they might be affected by exploration activities in an area. All interested parties are encouraged to provide comments and feedback on the nominated locations,” Pitt said.