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ABC News
ABC News
Business

Government reaches agreement with gas producers to cover shortfall, avoids pulling 'gas trigger'

Resources Minister Madeleine King says she does not need to pull the so-called "gas trigger" and restrict gas exports after producers agreed to provide additional gas to avoid a shortfall on the east coast next year.

Last month Ms King put gas producers on notice that the government intended to restrict their exports unless they could prove Australia would not face gas shortfalls in 2023.

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