Australia brings forward east coast gas reservation start date
Australia's federal government has announced changes to its east coast gas reservation policy, requiring Queensland LNG ventures to set aside 20% of export volumes for Australian users from July next year.The scheme is intended to avert looming east coast gas shortages and put downward pressure on domestic prices.Energy Minister Chris Bowen said the measure would create a modest oversupply in the east coast market.The policy applies to Queensland's three LNG ventures and is being introduced as the biggest intervention in the market in more than a decade.The government said it would ensure Australians were no longer exposed to international market... [Continue Reading]
360LiveNews | 07 May 2026 05:00 LONDON
EU adopts EUR 15 million EPF assistance measure to support Senegal's armed forces
The Council of the European Union has adopted an assistance measure under the European Peace Facility in support of the Armed Forces of Senegal. The measure is framed within the Yaoundé Architecture and is aimed at protecting Senegal's sovereignty at sea and improving regional maritime security. The EU said the package is worth EUR 15 million over 36 months. It will provide key non-lethal equipment to strengthen the capabilities of the National Navy of Senegal. The listed support areas are naval operations, naval education, and naval command support. The measure is also intended to reinforce Senegal's cooperation with EU member... [Continue Reading]
Breaking-360LiveNews | 06 May 2026 19:30 LONDON
