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Australia's Gas Reservation Policy Aims to Lower Prices by 2027

12/22/2025

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Summary

Story summary

Australia will implement a gas reservation policy requiring liquefied natural gas (LNG) companies to allocate 15-25% of their gas for domestic use in 2027.
Climate Change Minister Chris Bowen says the move aims to lower east coast prices.
Green groups back the plan but warn against using it to justify gas field developments.
Analysts say the policy could stabilize prices.
The energy regulator warns of gas shortfalls by winter 2028.

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Story summary

Australia will implement a gas reservation policy requiring liquefied natural gas (LNG) companies to allocate 15-25% of their gas for domestic use in 2027.
Climate Change Minister Chris Bowen says the move aims to lower east coast prices.
Green groups back the plan but warn against using it to justify gas field developments.
Analysts say the policy could stabilize prices.
The energy regulator warns of gas shortfalls by winter 2028.