A commitment from producers to increase domestic gas supplies after government threats to curtail exports will stave off gas shortages until at least 2030, a new report shows.

The Australian Energy Market Operator’s 2018 gas outlook for the east coast said the forecast domestic gas shortfall that was predicted late last year by the Australian Competition and Consumer Commission had now been averted.

The ACCC forecast gas shortages of between 55 and 108 petajoules if more domestic supplies weren't immediately secured. Credit:John Woudstra

“There are no gas supply gaps forecast in 2019, or in the short term, under expected conditions,” AEMO said.

Victoria had been predicted to face the worst shortages from 2021 onwards unless new gas supplies could be found.