Australia’s Federal Government has launched the public consultation for five areas for the 2021 Offshore Greenhouse Gas Storage Acreage Release, drawing on industry-led nominations covering potential areas in the Bonaparte, Browse and Northern Carnarvon basins.

Australian minister for resources and water, Keith Pitt, said the acreage release provides opportunities for companies to explore for sites that have the potential for permanent geological storage of carbon dioxide offshore Australia.

“This acreage release comes at a time when the oil and gas industry is looking for pathways to reduce their carbon emissions,” said Pitt.