Australia holds off on gas export curbs after supply assurances (updated)

Origin Energy

15/05/2026 01:37

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SYDNEY, May 15 (Reuters) - Australia will not impose export restrictions on natural gas during winter after exporters assured the government of sufficient supply for its east coast markets, Resources Minister Madeleine King said on Friday.

        The government said in April it was considering activating the Australian Domestic Gas Security Mechanism (ADGSM) in the third quarter, which would have required exporters to prioritise local supply.

"(The government) has now received assurances from exporters that there will be more than enough gas to meet the demand of Australians," King said in a statement.

She added the government would not hesitate to take further action if there was any change to the supply outlook.

The ADGSM allows the government to restrict exports from the three east coast liquefied natural gas plants operated by Origin Energy ORG.AX, Shell SHEL.L and Santos STO.AX.

In April, the competition watchdog warned wholesale gas supply on the east coast was likely to tighten over winter.

 (Reporting by Renju Jose in Sydney; Editing by Jacqueline Wong and Jamie Freed)

 ((renju.jose@thomsonreuters.com;))