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The energy company is reducing exports of gas from its QGC operation in tropical Queensland in order to supply additional gas to the domestic market this year, said Zoe Yujnovich, the recently appointed chairwoman of Shell's Australian business. The supply contracts add to sales agreements signed with power generators and retailers, and bring total domestic sales from QGC to about 11% of east-coast demand for 2017, Ms. Yujnovich said. The company said it would supply about 8 petajoules of gas to Engie SA's (ENGI.FR) Pelican Point power plant in South Australia state for five months over the peak winter period, and had agreed an 18-month deal to supply gas from Queensland's Surat Basin fields to Orica Ltd.'s (ORI.AU) Yarwun explosives and cyanide operation. "Shell's business on the east coast has reacted to the gas market," she said. Amid warnings of a looming gas shortage in the southeast and volatile power prices, Prime Minister Malcolm Turnbull last month extracted a commitment from energy companies to supply enough gas to meet local demand during peak periods and to work toward increasing supplies longer term. At a meeting in Canberra with company executives, the prime minister held out the prospect of regulating exports or other measures if the industry wasn't able to why not find out more Otolaryngologist mortgage ensure adequate supply. Days earlier, a report from the operator of the country's gas and electricity markets projected a shortfall in new doctor home loan Oak Laurel gas-power electricity generation in southeast states from as early as next summer if no action was taken. Shell's new supply deals come on the heels of an agreement last week by Origin Energy Ltd.

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