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Australia's largest manufacturers are demanding the Albanese government reserve 25% of new gas production for the domestic market to ensure affordable gas supply. The government proposed a reservation of 15-25% to address local supply concerns, but Manufacturing Australia argues for the higher figure, warning that insufficient reservations could undermine confidence and exacerbate supply issues.

The Australian Energy Market Operator has indicated potential gas shortages by 2029. Industry players have submitted feedback on the government's proposal, with some cautioning against market distortions.

AG&P LNG has proposed an Australian Gas Guarantee to secure capacity in the import terminal. Inpex has opposed being included in the reservation policy, citing limitations in increasing domestic supply. The debate continues as various stakeholders express differing perspectives on achieving a balanced gas market.