Indonesia to impose gas domestic reservation

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Ah yes, the sense of it all:

Indonesia will consider new limits on exports of liquefied natural gas, a potential extension of trade curbs that’ve previously disrupted nickel to coal and palm oil markets.

The nation wants to ensure adequate domestic gas supply and aims to balance local consumption and export commitments, according to Jodi Mahardi, Indonesia’s deputy coordinating minister for maritime sovereignty and energy.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.