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The Albanese government has sent an emergency delegation of senior bureaucrats to Tokyo, Seoul, Singapore, and Kuala Lumpur to defuse a growing diplomatic crisis over its proposed gas reservation scheme. Under the policy, set to take effect in July 2027, LNG producers will be required to set aside up to 20 per cent of annual export volumes for the domestic market — a move that has rattled Malaysia, South Korea, and Japan, who fear the scheme poses risks to their...
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