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ABC News
ABC News
Business

Gas giant ExxonMobil warns of rapidly reducing Bass Strait supplies

The Bass Strait has long been a major source of Victoria's gas, but a producer is warning of decreasing supplies. (Supplied: ExxonMobil)

Victoria's largest gas producer ExxonMobil has warned the number of wells it operates in the Bass Strait could almost halve in the next eighteen months. 

The company's commercial director David Berman told a Sydney conference yesterday that new gas production would be needed to meet demand in southern Australia.

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