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Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2023
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4 Object
The object of this instrument is to ensure that any petroleum activity or greenhouse gas activity carried out in an offshore area is:
(a) carried out in a manner consistent with the principles of ecologically sustainable development set out in section 3A of the EPBC Act; and
(b) carried out in a manner by which the environmental impacts and risks of the activity will be reduced to as low as reasonably practicable; and
(c) carried out in a manner by which the environmental impacts and risks of the activity will be of an acceptable level.