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VIC gas demand

The 2019 Gas Statement of Opportunities (GSOO) and Victorian Gas Planning Reports (VGPR) prepared by AEMO flagged a gas supply shortfall from 2024 onwards due to:

Falling production levels from existing southern gas fields

Uncertainties around southern prospective resources (un-explored but estimated to exist) accessible by existing pipeline and processing infrastructure

Moderately increasing gas demand, driven mainly by population growth driving new gas connections.

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