Noetic is undertaking an impartial review of the Petroleum Licensing Regulations, to provide reform proposals to COAG.

This will enhance COAG’s ability to ensure security of gas supply at affordable prices to domestic consumers.

This significant work forms part of Australia’ ability to continue to attract large-scale investment in the petroleum industry, by exploring the granting of retention leases and their renewals.

You can read more here on the COAG energy council website.