Petroleum and Gas (Royalty) Regulation 2021
sec.6What is domestic gas
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sec.6 What is domestic gas
Petroleum produced by a petroleum producer in a royalty return period is domestic gas if— the petroleum is gas; and during the royalty return period, the petroleum is— sold or otherwise transferred, either directly by the producer or indirectly by the producer through 1 or more resellers for the producer, to a person who is not an LNG project buyer; or flared, used or vented; or if the producer is not a member of an LNG project—stored by, or kept in the possession of, the producer or 1 or more resellers for the producer; and the petroleum is not supply gas. In this section— use , petroleum, does not include convert the petroleum into LNG. (sec.6-ssec.1) Petroleum produced by a petroleum producer in a royalty return period is domestic gas if— the petroleum is gas; and during the royalty return period, the petroleum is— sold or otherwise transferred, either directly by the producer or indirectly by the producer through 1 or more resellers for the producer, to a person who is not an LNG project buyer; or flared, used or vented; or if the producer is not a member of an LNG project—stored by, or kept in the possession of, the producer or 1 or more resellers for the producer; and the petroleum is not supply gas. (sec.6-ssec.2) In this section— use , petroleum, does not include convert the petroleum into LNG.
- (a) the petroleum is gas; and
- (b) during the royalty return period, the petroleum is— (i) sold or otherwise transferred, either directly by the producer or indirectly by the producer through 1 or more resellers for the producer, to a person who is not an LNG project buyer; or (ii) flared, used or vented; or (iii) if the producer is not a member of an LNG project—stored by, or kept in the possession of, the producer or 1 or more resellers for the producer; and
- (i) sold or otherwise transferred, either directly by the producer or indirectly by the producer through 1 or more resellers for the producer, to a person who is not an LNG project buyer; or
- (ii) flared, used or vented; or
- (iii) if the producer is not a member of an LNG project—stored by, or kept in the possession of, the producer or 1 or more resellers for the producer; and
- (c) the petroleum is not supply gas.
- (i) sold or otherwise transferred, either directly by the producer or indirectly by the producer through 1 or more resellers for the producer, to a person who is not an LNG project buyer; or
- (ii) flared, used or vented; or
- (iii) if the producer is not a member of an LNG project—stored by, or kept in the possession of, the producer or 1 or more resellers for the producer; and