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Clifford Chance

Clifford Chance

Briefings

Australian Federal Government given the power to restrict LNG Exports from 1 July 2017

9 July 2017

The Australian Domestic Gas Security Mechanism (ADGSM) took effect on 1 July 2017. It gives the Minister administering the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth) (currently the Minister for Industry, Innovation and Science) (Minister) the discretion to enliven LNG export restrictions if he considers there will be domestic gas shortages for Australian consumers in an upcoming calendar year and exports of LNG would contribute to that shortage.

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