Blind Spots
Discussion
Examining Australia’s oil and gas information collection and disclosure
in relation to its international peers.
a. Australia’s regulatory framework
Transparency is the presentation of decision-useful information, whether detailed or aggregated.
This requires two steps:
(1) collection and
(2) disclosure.
This section considers these two steps in turn, by examining Australia’s Commonwealth waters and its states and territories with high levels of petroleum production. Figure 2 below shows the spread of oil and gas production across Australia, which informs the choice of state and territory jurisdictions considered in this report.
