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Labor dials back gas reservation scheme, denies the move is a policy back-down
The government has tweaked a plan to ease energy prices, with gas producers to only need to offer up to a fifth of their exports for the Australian market.
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afr.com
Labor softens 20pc gas reservation plan
The government is set to backtrack on its plan to force gas exporters to set aside a full 20 per cent of their supply locally and delay the start of the scheme.
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Western Australia may escape watered-down reservation scheme
The national gas reservation scheme will ensure “modest oversupply” in the domestic market which would make gas more affordable, Energy Minister Chris Bowen said.
