The Victorian Energy Networks Corporation (VENCorp)[2] was a Victorian State Government-owned entity established on 11 December 1997[3] responsible for the efficient operation of gas and electricity industries in Victoria, Australia, within Victoria's privatised energy industries.
In 1965, natural gas was discovered in Bass Strait, and the Corporation undertook a conversion program, which took over 20-months ending in December 1970, to convert around one million appliances to operate on natural gas.
The Kennett Government subsequently privatised the gas distribution, retail and transmission divisions, along with the State Electricity Commission of Victoria, Victoria's main electricity utility.
VENCorp remained a government entity though funded by energy industry participants.
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