The Age ·general ·1 hour ago

Labor imposes gas reservation policy requiring exporters to reserve 25 percent supply

Australia's Labor government will impose an east coast gas reservation policy requiring exporters to hold back up to 25 percent of new supply for domestic use. Energy Minister Chris Bowen said "Australian gas for Australian users as the first priority." The policy aims to lower local prices that surged from $4 to $12 per gigajoule since 2015 exports began.

Summary by Glance · The Age

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