LNG

Origin Energy, the Australian utility, reported quarterly revenue of A$633.7 (US$477M) from the Australia-Pacific LNG plant where it has a 37.5 percent share, part of which will be sold to EIG Global Energy Partners, an institutional investor in the sector.

Australian LNG project operator Santos is on its way to making Chief Executive Keven Gallagher one of the highest paid executives in the country as he develops projects in five key natural gas basins in Australia.