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flag Queensland backs gas reservation to prevent 2028 supply shortages, backed by major exporters and industry.

flag Queensland Labor backs a gas reservation policy to prevent potential east coast supply shortfalls by 2028, as the Albanese government nears a decision. flag Major LNG exporters like Shell and APLNG support the move if rules are fair and paired with regulatory reforms to ease development. flag While most Queensland gas is exported, APLNG and QCLNG supply about 40% of the domestic market, unlike Santos’ GLNG, which is a net importer. flag Industry demand remains high for steel, cement, and fertilizer producers, who seek export restrictions. flag Despite rising household electrification, the Australian Energy Market Operator warns gas supply must increase to meet ongoing needs.

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