ORG origin energy limited

News: ORG Australia's Origin Energy's quarterly APLNG revenue almost halves

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    Jan 29 (Reuters) - Origin Energy (ORG) said on Friday its quarterly revenue from the Australia Pacific LNG (APLNG) project fell 44.5%, hurt by coronavirus-led slump in oil and gas prices.

    The power and gas retailer posted a revenue of A$398 million ($305.58 million) from the joint venture for the three-months ended Dec. 31, compared with A$716.5 million a year earlier.

    APLNG is a joint venture between Origin, ConocoPhillips COP.N and China's Sinopec 600028.SS .

    ($1 = 1.3024 Australian dollars)

 
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