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The Conversation
The Conversation
Hamish McKenzie, Deputy Program Director, Energy and Climate Change, Grattan Institute

Did the government back down on its gas reservation policy? No – most changes make sense

Australia GLNG

After months of gas industry pushback, the federal government has made sensible changes to its much-vaunted gas reservation policy.

Instead of forcing gas exporters to supply 20% of their export volumes to the domestic market, they will be made to supply “up to” 20%, with the precise amount set each year based on domestic demand. These details are in the newly released draft legislation.

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