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Gas Exploration Fees Soar 300 Percent in Victoria as Supply Dwindles

Australian Energy Producers noted Victoria ‘urgently needs more gas supply.’
Gas Exploration Fees Soar 300 Percent in Victoria as Supply Dwindles
Flames of a lit burner of a gas stove in Dortmund, western Germany, on Oct. 14, 2021. Ina Fassbender/AFP via Getty Images
Monica O’Shea
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The Victorian Labor government has hiked gas exploration fees dramatically in the past two years despite the state facing a potential gas shortage in the future.

Australian Energy Producers drew attention to the fee rise, noting that the government had promised to spearhead gas projects.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]