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Report into Vic onshore gas reserves

Victoria boasts vast offshore conventional gas resources and considerably more than the state's onshore reserves, new data shows.

An initial report into Victoria's $42.5 million gas program estimates the state holds 10,738 petajoules of offshore conventional gas and 110 petajoules onshore.

Neither conventional nor unconventional gas exploration is permitted in Victoria, and the government says this report shows its approach to gas is on the right track.