Offshore Petroleum and Greenhouse Gas Storage Act 2010.

This Act, consisting of nine Parts diveded into 799 sections, aims at regulating petroleum exploration and recovery activities and petroleum facilities and provides for the regulation of geological storage of carbon dioxide in the Victorian offshore area. The Act provides an effective regulatory framework for the injection and storage of greenhouse gas substances in offshore areas and for petroleum exploration and recovery.
An offshore area starts from the baseline from which the breadth of the territorial sea is measured off Victoria; and extends to 3 nautical miles from the baseline from which the breadth of the territorial sea is measured off Victoria.
The Act provides for the grant of petroleum exploration and prospecting permits, pipelines licences, etc. as specified in Chapter 2. Chapter 3 provides for the grant of greenhouse gas assessment permits, greenhouse gas holding leases, greenhouse gas injection licences, etc.