311Requirement for annual greenhouse gas accounting report greenhouse gas injection licensee

311 Requirement for annual greenhouse gas accounting report greenhouse gas injection licensee

(1) A greenhouse gas injection licensee must give an annual greenhouse gas accounting report for a licence area to the Minister within the period—

(a) starting on the last day of the financial year to which the report relates; and

(b) ending on the day 4 months after that day.

annual greenhouse gas accounting report means a report that includes, for a year—

(a) the quantity of greenhouse gas substance injected into the storage formation during the year; and

(b) the cumulative quantity of greenhouse gas substance that has been stored as at the end of the year; and

(c) the quantity of greenhouse gas substance lost, and emissions of additional greenhouse gases generated, in the processes of compression, transportation and injection; and

(d) the quantity of greenhouse gas substance lost from the well bore; and

(e) the quantity of greenhouse gas substance lost from the storage formation; and

(f) an explanation of how losses of the greenhouse gas substance were estimated or measured; and

(g) an assessment of the accuracy of the measurement or estimation of the quantities of the greenhouse gas substance.

The Minister must make the information in the report publicly known within 30 days after the Minister receives the report—see regulation 322.

Subdivision 5—Cores, cuttings and samples