The Australian Government has recently decided to introduce a legislated mandatory reporting program for petroleum sector data from 1 January 2018.

This process will replace the existing voluntary reporting scheme used by the Department of the Environment and Energy (the Department) to produce the Australian Petroleum Statistics (APS) Report – a monthly statistical report on activity in parts of the Australian petroleum industry (See http://www.industry.gov.au/Office-ofthe-Chief-Economist/Publications/Pages/Australian-petroleum-statistics.aspx).

The Department believes that mandatory reporting will improve the data coverage and quality of the statistics, noting that these statistics are used for a range of purposes by Australian Governments (state and territory) as well as the petroleum industry itself, investors, researchers, media, and international organisations.

The Department has recently developed a consultation paper canvassing different options for the design and operation of the compulsory reporting process. This paper can be found at https://www.environment.gov.au/system/files/energy/files/public-consultation-paper-on-mandatory-reporting-of-petroleum-statistics.pdf.

The Department is now seeking stakeholders’ views on the Consultation Paper. In particular, the Department is seeking industry input on four main questions, namely:

a). Who should report?

b). What activities should be reported?

c). What product categories should be reported?

d). How and when should the business report?

“The key here is that the Australian Government is moving from a voluntary process to a compulsory process and is seeking views from our industry on how this can be done in a manner that minimises the compliance burden for industry”, said ACAPMA CEO Mark McKenzie.

“Most importantly, one of the options being canvassed is whether to require Fuel Distributors/Wholesalers to report fuel sales on a regular basis”, said Mark.

Unlike price reporting legislation recently introduced by the NSW State Government, this information predominantly relates to product sales volumes and has historically resulted in the production of statistics that are quite useful to both industry and government.

“Consequently, there is considerable merit in our industry working cooperatively with the Australian Government to ensure that it has it has an accurate macro picture of the national fuel supply market,” said Mark.

The Department has organised a series of industry consultations around Australia to support the consultation paper. Fuel Distributors are encouraged to attend these workshops and provide input to this consultation. The details of these workshops are as follows:

  • Perth: 17 October from 10am to 12pm at the Crowne Plaza, 54 Terrace Road Perth 6000.
  • Melbourne: 18 October from 11am to 1pm at the Novotel on Collins, 270 Collins Street Melbourne 3000
  • Sydney: 20 October from 10am to 12pm at the Portside Centre, 207 Kent Street Sydney 2000
  • Brisbane: 21 October from 10.30am to 12pm at the Marriott Hotel, 515 Queen Street Brisbane 4000

Participants attending these workshops are encouraged to register by emailing their name and contact details to mrps@environment.gov.au.

Further information about the Consultation process can be found at: https://www.environment.gov.au/energy/energy-security-office/international-engagement/mandatory-reporting-petroleum-data and the consultation process is open until 28 October 2016.

“We have been working with the Government on this process and will continue to do so over the next 12 months to ensure that the process accommodates their requirements, whilst also minimising the cost to fuel distributors and wholesalers”, said Mark.

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