ORG origin energy limited

News: ORG Australia's Origin Energy doubles quarterly revenue from APLNG project

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    July 29 (Reuters) - Australia's Origin Energy (ORG) on Friday recorded a 103% rise in its fourth-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project due to a surge in realised prices for liquefied natural gas (LNG) and oil.

    The country's no.2 power producer said revenue from APLNG, a joint venture with ConocoPhillips COP.N and Sinopec 600028.SS , rose to A$2.74 billion ($1.92 billion) for the three months ended June 30, compared with A$1.35 billion a year earlier.

    ($1 = 1.4310 Australian dollars)

 
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