CANBERRA, Australia - Australia's conservative government will go ahead with legislation to put export controls on gas, Prime Minister Malcolm Turnbull said Tuesday.

"We are taking immediate action to put downward pressure on power prices and ensure reliable and secure energy for all Australians," Mr. Turnbull told reporters. "We will be implementing our gas regulation that affects exports… as one of the factors that affects the high price of energy at the moment is a shortage of gas."