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Australia's Origin Energy reports 10% drop in Q3 APLNG revenue as commodity prices decline
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Australia's Origin Energy reports 10% drop in Q3 APLNG revenue as commodity prices decline
May 25, 2025 9:21 PM

April 30 (Reuters) - Origin Energy ( OGFGF ) on Wednesday

logged a 10% sequential fall in revenue for the third quarter

from its stake in the Australia Pacific LNG project (APLNG) as

underlying commodity prices hit near-year lows.

The power producer reported revenue from APLNG - a joint

venture with U.S. oil and gas major ConocoPhillips ( COP ) and

Sinopec - of A$616 million ($393.13 million) for the

three months ended March 31 compared to A$681 million posted in

the December quarter.

($1 = 1.5669 Australian dollars)

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