Australia’s federal government may seek a national gas reservation policy that could have ramifications for the country’s LNG exports at a time when it has become the largest LNG exporter in 2019. “I am going to work with states and territories during the next 12 months to consider options to establish a prospective national gas reservation policy,” the minister for resources and northern Australia Matt Canavan said Friday in a statement. “We can’t repeat the mistakes of the past in just letting our gas be shipped overseas with no thought to our domestic requirements,” he said while publishing a review of the Australian Domestic Gas Security Mechanism or ADGSM. The ADGSM was rolled out in 2017 to ensure sufficient supply of natural gas to meet domestic demand. Under the policy, if there is a supply […]