“The implementation of the DGR policy appears to have been the WA Government’s response to an adjustment by the market that involved a sharp spike in gas prices and tight supply of domestic gas,” the report says.

“However, after careful consideration of the current gas market, the ERA is of the view that the DGR policy is not required.”

The report goes on to suggest that the costs that the policy imposes on the WA economy far outweigh any benefits that it is believed to have.

Australian Petroleum Production and Exploration Association (APPEA) Chief Operating Officer Western Region Stedman Ell...