Hoocoodanode! Via the AFR:
Taylor clearly believes in adding more political pressure – given his insistence that prices must come down a lot further.
That includes potentially toughening the Australian Domestic Gas Security Mechanism established two years ago to ensure no shortfall in the domestic market due to the export of LNG from Queensland. The threat has had some effect. The Queensland LNG players are fulfilling their offshore contracts, mainly to Japanese customers. But rather than using domestic gas to supplement exports, they now send any extra production south rather than to the international spot market.