Australia Softens Gas Reservation Rule for LNG Exporters

Australia's government has relaxed its proposed gas reservation policy, changing the requirement from a mandatory 20% reservation for domestic supply to a flexible 'up to 20%' cap. This adjustment, first tabled in May to address east coast shortages, signals a policy shift favoring LNG exporters while still aiming to secure domestic supply. The move may ease export concerns but leaves domestic supply security uncertain.