States agree to develop coal seam gas and make deals more transparent in an effort to increase competition and reduce prices

Gas supplies in Australia will be expanded and suppliers forced to publish previously secret prices under reforms agreed to by state and federal ministers at the Coag energy council meeting in Canberra.

All states except Victoria, which has a blanket ban on coal seam gas, agreed to focus on expanding onshore gas activities. The state government in Melbourne agreed to consider its position.

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Source: Guardian Environment