Oil Code Review Report

The Minister for Resources and Energy released the Oilcode Review report on 24 August 2009.

The Review concludes that the Oilcode has met its key objectives and that the current arrangements for TGP publication are appropriate. The Review also makes 11 recommendations to increase disclosure obligations, further clarify the dispute resolution scheme, examine options for amalgamating the procurement process for the dispute resolution services and conduct another review in three years time. The Government will consider the review's recommendations in consultation with interested parties before finalising its response.