Australian company Origin Energy takes US$1.45Bln hit on lower LNG asset values

Wednesday, 15 February 2017

Origin Energy, the Australian energy company undergoing a restructuring to adapt to the industry downturn, said it was taking an impairment charge mostly related to its main liquefied natural gas stake, the Australia Pacific LNG plant in Queensland, of around US$1.45 billion.


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Last modified on Wednesday, 15 February 2017 07:58
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