Australian monthly LNG deliveries to Asia rise to 6.66MT as revenues soar and domestic gas prices decline
Australia’s nine liquefied natural gas export plants shipped an estimated 6.66 million tonnes of LNG during the month of August compared with 6.20MT delivered in the previous month as Asian demand remained high, while prices dropped significantly month-on-month in the Australian domestic gas market.
Stake of 10 percent in Australia-Pacific LNG plant in Queensland sold for US$1.58Bln to global fund EIG
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.
Australia-Pacific LNG plant shareholder Origin Energy receives record annual cash distribution from plant
Origin Energy, the Australian utility and shareholder with China’s Sinopec and ConocoPhillips in the Australia-Pacific LNG plant in Queensland, said it received record cash distributions from the plant of A$1.275 billion (US$920.6M) in its fiscal year to June, up from A$974 million in the previous 12 months.
