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Origin Energy Announces to Sell 10% in Australia Pacific LNG

25 Oct 2021  |  08:14:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Origin to sell 10 per cent in Australia Pacific LNG

Origin Energy executed an agreement with global energy investor, EIG, to sell a 10% shareholding in Australia Pacific LNG for $2.12bn. Following completion of the sale, the Australia Pacific LNG JV shareholders will comprise ConocoPhillips (37.5%), the Company (27.5%), Sinopec (25%) and EIG (10%). It will retain its existing seats on the Australia Pacific LNG board.

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