Origin Energy raises US$1.24Bln from asset sale to pay high costs of Australian LNG plant
Tuesday, 03 October 2017
Origin Energy, a major shareholder in the Australia Pacific LNG export plant, has sold its Lattice Energy subsidiary to Australian company Beach Energy for A$1.58 billion (US$1.24Bln) as it seeks to recover from the high costs of setting up the APLNG project in the East Coast state of Queensland.
| Subscriber content | ||
 This content is available only to subscribers please log in below or subscribe now / request a free trial |
||
|
|
||
font size
