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Australia's Origin Energy posts over 34% sequential rise in first-quarter APLNG revenue

By Reuters News

Oct 30 (Reuters) - Origin Energy ORG.AX on Friday logged a 34.2% sequential rise in first-quarter revenue from its stake in the Australia Pacific LNG project (APLNG), supported by higher realised oil prices on liquefied natural gas (LNG) sales.

Revenue from APLNG — the power producer's joint venture with ConocoPhillips COP.N and Sinopec 600028.SS — came in at A$667 million ($469.03 million) for the three months ended September 30, compared with A$497 million reported in the June quarter.


($1 = 1.4221 Australian dollars)

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