Proposal for a Single National Regulatory Body for Oil and Gas in Australia

Yet another pre-election promise involves setting up a single national regulatory body for the oil and gas industry as per Resources Minister Martin Ferguson.

The single national body would be able to speed up decision making and address the issues related to the industry in a focused manner with appropriate resources at hand.

However not all states would welcome such a move. Western Australia in particular is already vowing to retain its approval powers. The Western Australia Mines and Petroleum Minister Norman Moore stated that he remained opposed to the plan which would have a major impact on the state's ability to manage its economy.

Mr. Ferguson was speaking in Perth at an oil and gas conference and felt that after the BP oil spill in the Gulf of Mexico and the Montara oil spill off Australia's northwest coast a stronger regulation of the industry was indicated.

In response to Mr Ferguson's statement the Australian Petroleum Production & Exploration Association chief executive Belinda Robinson said the industry supported the creation of a national regulator that removed duplication.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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