Jun 21, 2026 – 10.00pmDesperate to water down Labor’s proposed domestic gas reservation scheme, some Australian LNG producers and investors are now considering a once-unthinkable concession: giving ground on the super-sensitive issue of taxation.According to industry sources, a growing number of major players are actively discussing a radical trade-off, offering to accept revisions to petroleum tax rules if the government compromises on gas reservation.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles