ORG origin energy limited

News: ORG Australia's Origin Energy Q4 APLNG revenue falls as COVID-19 hits electricity demand

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    July 31 (Reuters) - Power and gas retailer Origin Energy (ORG) said on Friday fourth-quarter revenue from its share in the Australia Pacific LNG (APLNG) project fell 5%, primarily due to a hit to demand as a result of coronavirus-related disruptions.

    The project raked in revenue of A$610.2 million ($438.9 million), compared with A$643.4 million last year.

    Production at APLNG, the largest producer of natural gas in eastern Australia, rose marginally to 64.5 petajoules (PJ) between April and June, compared with 64 PJ a year earlier.

 
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