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Swap arrangements entered into by a producer or a reseller of the producer may be relevant for determining the classification of gas and average sales price for petroleum. This position paper provides the Commissioner of State Revenue’s determination under section 54 of the Petroleum and Gas (Royalty) Regulation 2021 about how part 2 of the Regulation applies to swap arrangements for petroleum royalty purposes from 1 September 2021.

See also the position paper for swap arrangements for 1 October 2020 to 31 August 2021.

This paper explains the classification of liable petroleum as liquid petroleum, project gas, supply gas or domestic gas for the purpose of determining petroleum royalty liability.

This paper provides guidance on how to determine the royalty rate for each petroleum type using the formula method or the benchmark price method.

This paper explains the measurement of volumes of petroleum for determining petroleum royalty.

Swap arrangements entered into by a producer may be relevant for determining the classification of gas and average sales price for petroleum. This position paper provides the Commissioner of State Revenue’s determination under section 149 of the Petroleum and Gas (Royalty) Regulation 2004 about how chapter 6 of the Regulation applies to swap arrangements for petroleum royalty purposes from 1 October 2020 to 31 August 2021.

See also the position paper on swap arrangements from 1 September 2021.