Albanese government announces east coast gas reservation policy, which will require producers to set aside 20% of export volumes
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Gas companies will be forced to set aside 20% of exports for domestic users under a reservation scheme that the industry has condemned as a “heavy-handed intervention” that could undermine Australia’s status as a reliable trading partner.
The federal government announced the final model for the east coast reserve on Thursday, promising “downward pressure” on prices for households and businesses.
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Source link : https://www.theguardian.com/australia-news/2026/may/07/gas-companies-forced-to-set-aside-local-supply-under-major-labor-shakeup
Author : Dan Jervis-Bardy
Publish date : 2026-05-07 06:31:00
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