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Story summary
- Resources Minister Madeleine King announced a scheme reserving 20% of gas exports for domestic use, starting January 2028.
- The scheme aims to supply 110% of demand to create a modest oversupply and lower gas prices.
- Shadow resources minister Susan McDonald said many questions remain about the scheme’s design and viability.
- Australian Energy Producers CEO Samantha McCulloch warned the policy could force sales below $9.50-$13 per gigajoule, threatening investment.