Victoria demands Aemo maintain minimum gas storage levels as supplies dwindle

Gas supplies at the Iona storage facility have fallen due to high demand amid the state's price cap

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The national market operator needs to implement immediate measures" that address the state's gas shortage crisis, Victoria's energy minister says.

Lily D'Ambrosio said the Australian Energy Market Operator (Aemo) must establish a viable plan to control gas supply levels at national storage facilities after it was revealed that the Iona facility near Port Campbell recently dropped to record lows.