News · World

Gas to power Australian industry for 'foreseeable future', says resources minister

Nova Global News

Gas to power Australian industry for 'foreseeable future', says resources minister

Content overview: “Gas to power Australian industry for 'foreseeable future', says resources minister”. Australia's resources minister, Madeleine King, has declared that the nation's industrial sector will depend on gas for the 'foreseeable future' as the government prepares to introduce a national gas reservation scheme. Speaking at the National Press Club, King said the policy, expected to start in 2028, is designed to lower power prices by reserving a portion of gas for domestic use. However, she did not specify what the gas price would be under the scheme or when households and businesses would see relief.

The announcement comes after former opposition leader Peter Dutton had previously put a price tag on gas under a similar proposal. King, a Western Australian MP, emphasised the importance of gas for manufacturing and energy security, but offered no timeline for cost reductions. The full version stays on the original page, which this listing opens directly.

Open on Nova Global News

More in World

← World