LNG

Origin Energy, the Australian upstream supplier to the Australia-Pacific LNG export plant in Queensland, said it expected a sizeable increase in underlying earnings from its utilities business, though signalled possible lower coal-seam-gas output affecting APLNG because of weather issues.

One of the most respected meteorologist groups in the United States has forecast in its July update that the Atlantic hurricane season in 2022 will have more major storms than previous years and 10 hurricanes, leading to the temporary shutting of US Gulf Coast oil and gas production and LNG facilities as landfall percentages increase.