Australia to reserve 20% of export gas for domestic market from July 2027

The Australian federal government will introduce a domestic gas reservation scheme requiring exporters to supply 20% of their volumes to the local market from July 1, 2027, according to a statement on the government website May 7. “The domestic gas reservation is a great outcome for Australians, as it will put downward pressure on domestic gas prices and ensure Australia will remain a trusted andThe Australian federal government will introduce a domestic gas reservation scheme requiring exporters to supply 20% of their volumes to the local market from July 1, 2027, according to a statement on the government website May 7. “The domestic gas reservation is a great outcome for Australians, as it will put downward pressure on domestic gas prices and ensure Australia will remain a trusted andRead More