LNG

Australian utility Origin Energy has sold a 10 percent shareholding in the Australia-Pacific LNG plant in Queensland for A$2.12Bln (US$1.58Bln) to a global investment fund.

Australian liquefied natural gas export plants in Western Australia and Queensland exported a total of 93 cargoes in May, with six of them spot cargoes, down from 101 shipments the previous month, while deliveries to China kept their momentum as Japan and South Korea imports were lower or flat.