Part 6Information about risk assessment, analysis and control and remediation strategies

Part 6—Information about risk assessment, analysis and control and remediation strategies

6.1 The information relating to: (a) risk assessments; and (b) analysis and control relating to the containment of the greenhouse gas substance that is, or is to be, stored in the greenhouse gas storage formation; and (c) remediation strategies relating to the containment of the greenhouse gas substance that is, or is to be, stored in the greenhouse gas storage formation; that was included in the application for the declaration of the part of the geological formation as an identified greenhouse gas storage formation.

Note: See regulation 2.1.

6.2 Sufficient information about any identified risk factors that were not included in the application for the declaration of the part of the geological formation as an identified greenhouse gas storage formation to satisfy the responsible Commonwealth Minister that residual risks, after taking into account proposed risk control and remediation strategies have been taken into account, are acceptable.

Note: Examples

Note: 1 Leakages from well bores.

Note: 2 Leakages during transport and injection.

Note: 3 Any abandoned wells that could adversely affect the storage formation.

6.3 Details of the risk assessment analysis used by the applicant to identify the risk factors, including, for each risk factor: (a) a description of the risk factor; and (b) the possible consequences of each risk factor; and (c) an assessment of the probabilities of occurrence and possible consequences; and (d) an explanation of how the risk factor has been eliminated or reduced to as low as practicable. 6.4 A description of any emergency response plan that may be needed, additional to the emergency response plans included in the safety case or the Environment Plan, including details of any strategies to be adopted and action to be taken under that plan.