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The Guardian - AU
The Guardian - AU
National
Peter Hannam Economics correspondent

Eastern Australia gas outlook improves but winter shortfall still possible for south, watchdog says

The ACCC’s March gas inquiry report has found the outlook for 2023 has improved since January.
The ACCC’s March gas inquiry report has found the outlook for 2023 has improved since January. Photograph: Joel Carrett/AAP

Eastern Australia’s gas supply outlook has improved, but there is still the prospect of a winter shortfall for southern states without piped supplies from Queensland or altered export contracts, the Australian Competition and Consumer Commission has said.

The ACCC’s March gas inquiry report found the outlook for 2023 had improved since January, with a projected gas shortfall of three petajoules for the year, down from the 30 petajoule shortfall forecast previously.

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