Overview
- APLNG, backed publicly by Shell, told the government it will only back the 20% east-coast LNG export reservation if the rules apply equally and do not grant carve-outs to any exporter.
- The draft framework gives ministers powers to approve alternative supply arrangements, and industry reporting says those powers could be used to delay or exempt Santos’ GLNG from obligations.
- The Queensland government has urged the federal government to defer the policy, arguing the 20% requirement is a major intervention that could weaken investment signals and long-term supply.
- Independent experts and the Australian Workers’ Union say the reservation will fail if variations or 'leave passes' are allowed, and they call for firm, uniform obligations on all exporters.
- Most east-coast domestic gas comes from Queensland projects and long-term LNG contracts send much supply overseas, so the final rules will shape domestic prices, future investment and Australia’s trade ties.