Australia's Domestic Gas Reservation Draft Fails to Address Southern Shortage

Australia's domestic gas reservation plans won't alleviate southern states' shortages, according to Commonwealth Bank of Australia's Vivek Dhar. The government's draft reaffirms CBA's view that Queensland faces oversupply, while southern states may remain undersupplied. LNG exporters can increase supply in Queensland and still meet their DSO obligation, potentially exacerbating southern states' shortages.