Australian Domestic Gas Security Mechanism reforms

The Australian Government has reformed the Australian Domestic Gas Security Mechanism (ADGSM) to allow for more flexibility in responding to domestic gas supply shortfalls. Under the reforms:

• the decision to activate the ADGSM can be made quarterly, ahead of peak seasonal demand periods
• new protections are in place for the long-term gas contracts that underpin investments in Australia’s gas industry
• liquefied natural gas (LNG) exporters will share equal responsibility for preventing shortfalls. 

The new ADGSM shows Australia’s commitment to remaining a reliable trade and investment partner. It also ensures we meet our energy security needs in a time of unprecedented gas market volatility.

Learn about the reforms on the ADGSM webpage.