Australia's Origin Energy logs 9% sequential fall in third-quarter APLNG revenue

Origin Energy

26/04/2026 23:36

April 27 (Reuters) - Australia's Origin Energy ORG.AX on Monday reported a 9% sequential drop in third-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project in Queensland, hit by lower realised LNG prices and lower sales volumes.

The power producer said revenue from APLNG - a joint venture with U.S. oil and gas major ConocoPhillips COP.N and Sinopec 600028.SS dropped to A$481 million ($343.39 million) for the three months ended March 31, compared with A$528 million in the previous quarter.

($1 = 1.4008 Australian dollars)

 (Reporting by Shivangi Lahiri and Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com;))