Jul 12, 2026 – 8.00pmSantos has slammed the federal government’s domestic gas reservation scheme, warning it will create energy shortages and drive up prices for electricity generators, manufacturers, and data centres.Australia’s second-largest oil and gas producer, which stands to be the hardest hit by the proposed scheme, emphasised it had long supported a forward-looking gas reservation system, with chief executive Kevin Gallagher backing such a policy since 2018.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles