LNG

July 12 (LNGJ) - Origin Energy said the deal facilitating the acquisition by Sinopec of an additional 10 per cent stake in the Australia Pacific LNG project has been completed. The Sinopec stake in APLNG has now increased from 15 per cent to 25 per cent. As a consequence, the shares of ConocoPhillips and Origin have been diluted from 42.5 per cent to 37.5 per cent. Sinopec will also buy 7.6 MTPA of APLNG output from 2015.