Australia eases East Coast gas reservation for LNG exporters
Australia relaxed a proposed rule that would have forced LNG and other energy exporters to reserve a fixed 20% of East Coast natural gas. Energy Minister Chris Bowen said exporters can reserve up to a fifth of production.
Australia on Thursday slightly eased a proposed rule that would have required energy exporters to set aside a fixed 20% of natural gas for the East Coast market, instead asking them to reserve up to a fifth of production. Energy Minister Chris Bowen said exporters could provide up to 2…