ORG origin energy limited

News: ORG Australia's Origin Energy posts 7% sequential rise in APLNG revenue

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    April 30 (Reuters) - Australia's Origin Energy (ORG) reported a 7% sequential increase in third-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project on Tuesday, supported by higher volumes and higher average realised LNG prices.

    The power retailer said its share of revenue from APLNG, a joint venture with ConocoPhillips COP.N and Sinopec 600028.SS , rose to A$633 million ($415.44 million) in the three months to March 31, from A$591 million in the previous quarter.

    ($1 = 1.5237 Australian dollars)

 
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