At a very high level that is true but a layer down sits...

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    At a very high level that is true but a layer down sits complexities such as contractual obligations, jurisdiction, and international relationships/trade. WA is a success story as far reservation is concerned, but even that is now under review. Queensland has a pseudo reservation program. Victoria has no onshore production, and no control over the offshore production. NSW is the true leaner, it produces no gas at all.
 
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