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Australia Softens Gas Reservation Rule for LNG Exporters
Australia has softened its proposed domestic gas reservation scheme by making 20% a maximum rather than a fixed requirement and delaying the supply obligation until 2028.
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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.
