Australia Pacific LNG stakeholder to sell cargoes at fixed price and buy oil options

Tuesday, 22 December 2015

Origin Energy, the upstream partner in the Australia Pacific LNG project with ConocoPhillips and China's Sinopec, said it had taken steps to reduce exposure to low oil prices by purchasing put options on crude and forward selling LNG cargoes at a fixed price to reduce risk.


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Last modified on Tuesday, 22 December 2015 08:19
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