July 30 (Reuters) - Power and gas retailer Origin Energy (ORG) on Friday reported a 17% drop in fourth-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project, hurt by lower realised oil prices.
Revenue from APLNG, one of the largest producers of natural gas in eastern Australia and a joint venture between Origin, ConocoPhillips COP.N and Sinopec 600028.SS , fell to A$507.6 million ($375.62 million) in the three months to June 30 from A$610.2 million last year. https://bit.ly/3fd671w
($1 = 1.3514 Australian dollars)
News: ORG Australia's Origin Energy Q4 APLNG revenue falls 17%
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