Abbreviations and acronyms

C
Degrees Celsius (unit of temperature)
2P reserves
Proven and probable reserves
ABS
Australian Bureau of Statistics
ACCC
Australian Competition and Consumer Commission
ADGSM
Australian Domestic Gas Security Mechanism
AEMO
Australian Energy Market Operator
AER
Australian Energy Regulator
AHRN
Australian Hydrogen Researcher Network
AI
Artificial intelligence
AIE
Australian Industrial Energy
AITI
Australian Industrial Transformation Institute, Flinders University
AMWU
Australian Manufacturing Workers' Union
APA
Advance pricing arrangement
APPEA
Australian Petroleum Production and Exploration Association
APRA
Australian Prudential Regulation Authority
ARENA
Australian Renewable Energy Agency
ASIC
Australian Securities and Investments Commission
ATO
Australian Taxation Office
AWU
Australian Workers' Union
AWU
Australian Workers' Union
BCA
Business Council of Australia
Bcm
Billion cubic metres
C&I
Commercial and industrial
CCS
Carbon capture, and storage
CCUS
Carbon capture, utilisation, and storage
CICTAR
Centre for International Corporate Tax Accountability and Research
COAG
Council of Australian Governments
CSG
Coal seam gas
CSIRO
Commonwealth Scientific and Industrial Research Organisation
CUP
Comparable uncontrolled price
CUSP Institute
Curtin University Sustainability Policy Institute
CVA
Climate vulnerability assessment
DIIS
Department of Industry, Innovation and Science
DISER
Department of Industry, Science, Energy and Resources
EIA
Energy Information Australia
EITI
Extractive Industries Transparency Initiative
ENCRC
Energy National Cabinet Reform Committee
EOR
Enhanced oilfield recovery
EPBC Act
Environment Protection and Biodiversity Conservation Act 1999
ESG
Environmental, social and governance
FDP
Field development plan
FID
Financial investment decision
FLNG
Floating liquefied natural gas
FPSO
Floating production storage and offloading
GA
Geoscience Australia
GDP
Gross domestic product
GHG
Greenhouse gas
GJ
Gigajoule
GPF-G
Norwegian Government Pension Government Pension Fund – Global (Norway)
GSA
Gas supply agreements
GST
Goods and services tax
HESC
Hydrogen Energy Supply Chain
IEA
International Energy Agency
IEEFA
Institute for Energy Economics and Financial Analysis
IMF
International Monetary Fund
IPCC
Intergovernmental Panel on Climate Change
JKM
Japan Korea Marker
kb/d
Kilo barrels per day, or 1,000 barrels per day.
LARP
Low as reasonably practicable
LNG
Liquefied natural gas
LPG
Liquefied petroleum gas
MER UK strategy
Maximising Economic Recovery of UK petroleum strategy
MPC
Marketable Petroleum Commodities
MRRT
Minerals Resource Rent Tax
Mt
Metric tonnes
Mwh
Megawatt hour
NEM
National Electricity Market
NERA
National Energy Resources Australia
NGIP
National Gas Infrastructure Plan
NOC
National oil company
NOGA
Northern Oil and Gas Australia
NOPSEMA
National Offshore Petroleum Safety and Environmental Management Authority
NOPTA
National Offshore Petroleum Titles Administrator
NRS
National Resources Statement
NCVER
National Centre for Vocational Education Research
NWS
North West Shelf
OECD
Organization for Economic Cooperation and Development
OGA
Oil and Gas Authority (UK)
OGA Strategy
Oil and Gas Authority (UK) strategy
OHS
Occupational health and safety
OPGGS Act
Offshore Petroleum and Greenhouse Gas Storage Act 2006
PC
Productivity Commission
PCG
Practical compliance guidance (ATO)
PJ
Petajoule
PNGRS
Prospective national gas reservation scheme
PRRT
Petroleum resource rent tax
RBA
Reserve Bank of Australia
RC
Resource curse
RMA Regulations
Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2011
RPM
Residual pricing method
RSPT
Resource Super Profits Tax
SWF
Sovereign wealth fund
TCFD
Task Force on Climate-related Financial Disclosures
TJN
Tax Justice Network
UN
United Nations

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