331Circumstances in which the approval must not be given

331 Circumstances in which the approval must not be given

S. 331(1) amended by No. 42/2024 s. 23.

(1) If the Minister is satisfied that there is a significant risk that any of the key greenhouse gas operations to which an application under section 329 relates will have a significant adverse impact on petroleum exploration operations, petroleum recovery operations or underground petroleum storage operations that are being, or could be, carried on under—

(a) an existing pre‑commencement petroleum title held by a person other than the applicant; or

(b) an existing post‑commencement petroleum production licence held by a person other than the applicant—

the Minister must not give the approval unless the registered holder of the pre‑commencement petroleum title, or the post‑commencement petroleum production licence, as the case may be, has agreed, in writing, to the applicant carrying on the key greenhouse gas operations in respect of which the Minister is so satisfied.

S. 331(2)(a) amended by No. 42/2024 s. 23.

(a) the Minister is satisfied that there is a significant risk that any of the key greenhouse gas operations to which an application under section 329 relates will have a significant adverse impact on petroleum exploration operations, petroleum recovery operations or underground petroleum storage operations that could be carried on under a future pre‑commencement petroleum title over a block or blocks; and

(b) the existing pre‑commencement petroleum title in force over the block or any of the blocks is held by a person other than the applicant—

the Minister must not give the approval under section 329 unless the registered holder of the existing pre‑commencement petroleum title has agreed, in writing, to the applicant carrying on the key greenhouse gas operations in respect of which the Minister is so satisfied.