Santos venture caught in crosshairs of Labor’s gas reserve

Gas exporters may be forced to invest in domestic gas suppliers or buy the uncontracted volumes of their peers to meet their obligations under the Albanese government’s proposed gas reservation scheme.

A draft framework for the reservation system released by the government on Monday confirms it will require producers to sell the equivalent of 20 per cent of their LNG exports into the local market.

Source: https://www.afr.com/companies/energy/santos-venture-caught-in-crosshairs-of-labor-s-gas-reserve-20260525-p600dx