Australia sets LNG reserve rules to protect domestic supply and cap prices

Australia introduced a liquefied natural gas reserve policy aimed at prioritizing domestic supply, while producers warned the rules could pressure prices if the market becomes oversupplied. The changes, scheduled to take effect on January 1, 2028, were reported by <em>Bloomberg</em> and <em>Reuters</em> as the government moved to secure gas for local buyers in the world's second-largest LNG exporting nation after Qatar.