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Australia says it may invoke its gas security policy to help reserve domestic gas after a watchdog warned of a possible shortfall in the third quarter of 2026 as the Middle East conflict disrupts global energy markets, Reuters reports.
Resources Minister Madeleine King says she will consult with major gas producers over supplies to the domestic market and will make a decision on whether to use the so-called Australian Domestic Gas Security Mechanism (ADGSM) by mid-May.
“The notice does not place any limits on gas exports. Currently, Australia’s domestic market is well supplied with Australian gas,” King has said in a statement.
