Australia mandates up to 25% of gas production for domestic market

Summary

Australia will require natural gas exporters to reserve up to 25% of new production for domestic use. This policy aims to address high prices and a projected shortfall in the east coast market.

Recent Coverage

• Australia to Require Up to 25 Pct of Gas Production for Local Market

  RigZone • Dec 23

• Australia forces LNG exporters to keep a minimum amount for home market

  BOE Report • Dec 22