The Australian oil and gas industry has called for a green tape reform to support investment confidence and to rebuild the Australian economy post Covid-19.
A survey of more than 100 of the Australian Petroleum Production and Exploration Association’s (Appea’s) members had shown that nearly 70% of them saw reducing red and green tape as the critical steps to improve the investment environment, streamline approval processes and restore business confidence amid Covid-19 and near record low oil prices.