Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

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.

Please click here for full details

See more ASX300 News Announcements