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Laminaria-Corallina oilfields decommissioning levy: consultation open

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24 June 2021

The Australian Government will introduce a temporary levy on offshore petroleum production in Commonwealth waters. This is to recoup the Commonwealth’s costs to decommission and remediate the Laminaria-Corallina oilfields and associated infrastructure.

The government has released a consultation paper to engage with liable entities ahead of draft legislation.

The paper details the operation of the levy, including the: 

  • liable entities
  • levy period
  • levy rate and how it will apply. 

Consultation paper

Laminaria-Corallina oilfields decommissioning levy – consultation paper [450KB PDF] [61KB DOCX]

Contact us

Interested stakeholders can email feedback on the levy design to offshorelevy@industry.gov.au.

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