Gas reservation mooted as energy row heats up

Original article by Rosie Lewis, Perry Williams, Sarah Ison
The Australian – Page: 1 & 2 : 14-Dec-22

The oil and gas industry has criticised Prime Minister Anthony Albanese after he flagged the possibility of adopting a national gas reservation policy. Albanese has praised Western Australia’s gas reservation policy and indicated that replicating this at federal level may be needed as a longer-term solution to rising energy prices than the government’s proposed intervention. NSW and Victoria have advocated a national gas reservation scheme, but APPEA CEO Samantha McCulloch says adequate measures are already in place, such as the Australian Domestic Gas Security Mechanism. She contends that increased regulation will deter investment and adversely affect Australia’s reputation amongst its key trading partners.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN PETROLEUM PRODUCTION AND EXPLORATION ASSOCIATION LIMITED

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