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Gas companies will be forced to set aside local supply under major Labor shakeup

The Guardian World News May 7, 2026 · 3:11 am Read Original

Pessimistic -25.0

−100 Bearish 0 +100 Bullish

Gas companies will be forced to set aside local supply under major Labor shakeup

Albanese government announces east coast gas reservation policy, which will require producers to set aside 20% of export volumesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGas companies will be forced to set aside 20% of exports for domestic use under a reservation scheme designed to shore up supplies and bring down prices for households and businesses on the east coast.The federal government announced the design of the reservation scheme on Thursday as part of a wider overhaul of the mechanisms regulating the gas sector. Continue reading...

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Source The Guardian World News

Published May 7, 2026 · 3:11 am

Article ID kv3vnve

Original URL Open source

Pessimistic -25.0

−100Neutral+100

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