Labor wants its 20 per cent gas reservation scheme to apply nationally. What does that mean for WA?

🇦🇺 The Sydney Morning Herald (AU) —
Labor wants its 20 per cent gas reservation scheme to apply nationally. What does that mean for WA?

AI Summary

Labor proposes a 20% national gas reservation scheme, which surpasses Western Australia's existing 15% reservation. This move has sparked concerns among WA companies, while others believe it could encourage producers to improve performance.

The move has caused consternation among companies operating in WA, where a 15 per cent reservation already applies. Others argue it will force producers to lift their game.

Politics Markets Energy gas reservation Australia Western Australia energy policy producers market impact

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