LNG

Origin Energy, the Australian upstream supplier to the Australia-Pacific LNG export plant in Queensland, saw its shares up 35 percent higher on November 14 as investors considered Origin’s backing for an A$18.4 billion (US$12.3 billion) buyout offer from a two-firm consortium led by Canada's Brookfield Asset Management.

Australia-Pacific LNG project shareholder Santos said it was set to advance with production expansion, including using the Barossa feed-gas field for Darwin LNG and investment in the construction of additional Trains for the Papua New Guinea export plant.