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AAP
AAP
Business
Marion Rae

Origin Energy upgrades outlook on gas gain

Origin Energy has upgraded the outlook for its energy markets division. (Dan Peled/AAP PHOTOS) (AAP)

Origin Energy expects gas earnings to surge this year, and next, amid the global supply crunch sparked by the war in Ukraine.

The gas and electricity company on Wednesday upgraded the outlook for the energy markets division, and said higher costs for Australian electricity would push power bills higher into 2024.

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