Value of Kingia and High Cliff Reserves, page-5

The West Australian Govt have a gas reservation policy whereby 15 % of the gas produced in the State is reserved for domestic use. The other Australian states have no such policies. I imagine gas produced offshore WA falls under that definition. WA is very keen on attracting new sources of gas supply and are pro fracking to get it. When the current offshore contracts to supply domestic gas run out there will be a very big demand for domestically produced gas.

Israel reserves 60 %, Egypt 33 % whilst the USA has a policy which says gas exports must be in the public interest as judicated by the Dept of Energy.