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Published AustraliaUpdated

Dutton unveils plan to force more gas into Australian market and expand production in major pre-election pitch

  • Queensland's LNG sector sells gas under long-term contracts and to domestic buyers, with a proposed scheme to reserve 50 to 100 petajoules of uncontracted gas for domestic use each year, meeting 20% of demand on the eastern seaboard.
  • Dutton plans to reduce gas prices to $10 per gigajoule from the current $14, aiming for lower power bills.
  • The proposed gas reservation has sparked backlash from the gas industry, which warned it could deter new investments needed for gas supplies.
  • Experts doubt the feasibility of lower gas prices, citing steadily increasing production costs and market dynamics.
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Bias Distribution

  • 45% of the sources lean Left, 45% of the sources lean Right
45% Right

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The Canberra Times broke the news in Canberra, Australia on Thursday, March 27, 2025.
Sources are mostly out of Australia (10)
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