Origin cashes in on strong Asian gas demand

STRONG commodity prices and well-timed maintenance at Australia Pacific LNG meant Origin Energy was able to reap a 25% increase in revenue from the facility in the September quarter, offsetting the ongoing trend of less gas demand for electricity as rooftop solar and renewables’ use continues to grow.

Origin cashes in on strong Asian gas demand Origin cashes in on strong Asian gas demand Origin cashes in on strong Asian gas demand Origin cashes in on strong Asian gas demand Origin cashes in on strong Asian gas demand

APLNG continues to offset lagging Energy Markets

 

APLNG production totaled 65 petajoules equivalent and sold for an average realised price of A$10 per gigajoule, up 26% quarter-on-quarter, and up 69% from the same period last year.