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Origin to sell 10% stake of APLNG for A$2.1B

ORIGIN Energy has announced it will sell a 10% stake of its interest in its Australia Pacific LNG facility in Gladstone to global investor EIG for A$2.12 billion.

Share price climbs

Share price climbs

The sale will take Origin's total interest down to 27.5%; EIG will hold 10%, ConocoPhillips 37.5% and Sinopec 25%.Conoco sold the rest of its Australian portfolio to Santos last year. Origin said it...

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