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Glossary

Download a PDF version of this document: Glossary and Unit Conversions

 

AEMO Australian Energy Market Operator
AEMC Australian Energy Market Commission
AER Australian Energy Regulator
APPEA Australian Petroleum Production and Exploration Association
ATO Australian Taxation Office
bbl The standard unit of measurement for oil production and sales
CCS Carbon capture and storage
DEWHA Commonwealth Department of Environment, Water and Heritage
DIAC Commonwealth Department of Immigration and Citizenship
DFAT Commonwealth Department of Foreign Affairs and Trade (DFAT)
Downstream Refers to all petroleum operations after delivery of crude oil or gas from processing plant
DPI Victorian Department of Primary Industries
DRET Commonwealth Department of Resources, Energy and Tourism
ERD Earth Resources Division, DPI
ESC Essential Services Commission
ESV Energy Safe Victoria
ETA
Electronic Travel Authority
FIRB Foreign Investment Review Board
FPSO Floating production storage and off take (offloading) vessel
GA Geoscience Australia
GHG Greenhouse Gas
GJ Gigajoule (109) is equal to one billion joules
GL
Gigalitre (109) one billion litres
Gm3 Giga cubic metres
GST
Goods and Services Tax
GSV GeoScience Victoria, Division of DPI
MCE
Ministerial Council for Energy
m3
Cubic metre
Mbbl
Million barrels
MMscf
Million standard cubic feet
MMscm
Million standard cubic metre
NGMBB
National Gas Market Bulletin Board
NT
Native Title
PJ
A petajoule (1015) is equal to one million gigajoules.
PRRT
Petroleum Resources Rent Tax
Terajoule
A terajoule is equal to one thousand GJ

 

Conversion Table

1 barrel
0.159 cubic metres
1 cubic metre
35.31466 cubic feet
1 cubic metre
1000 litres=1 kilolitre
1 cubic metre 6.29 barrels
1 bcf 28.317 mm3
1 Gm3 35.315 bcf

 

 

 

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