Origin signs domestic gas deal with APLNG

Origin Energy has signed a four-year natural gas deal with Australia Pacific LNG that could help fill a supply gap in Australia’s southern states.

Under the deal with APLNG, Origin has secured up to an additional 91 PJ of gas from January 2022 at a JKM-linked price, the Australian firm said in a statement.

APLNG will boost volumes for Origin during Australia’s winter months, the statement said.

This latest agreement comes on top of APLNG’s existing commitments to supply 495 PJs of gas for Australian customers between 2021 and 2025.

APLNG is a joint venture between US energy giant ConocoPhillips that holds a 37.5 percent share in the venture, while Origin also has a 37.5 percent, and China’s Sinopec holds the rest.

Origin operates APLNG’s gas fields, upstream production and pipeline system, while ConocoPhillips operates the 4.5 mtpa LNG export facility on Curtis Island and the export sales business.

Pipeline deal with APA

In addition to the gas supply deal, Origin has also bagged additional pipeline capacity under a three-year agreement with APA Group starting in 2023, which will allow the company to transport “significant volumes of gas to customers in southern markets where it is needed most,” it said.

Origin executive general manager energy supply and operations, Greg Jarvis said, “Origin has taken a major step towards securing gas supply for domestic customers, particularly in southern states, through a period in which AEMO has identified a potential shortfall for the market.”

“Affordable gas is vital to Australian industry and manufacturing and we’re proud to bring this additional supply to the market to help meet customer demand,” Jarvis said.

Most Popular

Venture Global’s CP2 LNG to start mobilization and site preparation

Venture Global LNG's CP2 LNG has received approval from the US FERC to start mobilization and other limited activities for the LNG project in Louisiana.

Prime Infra to buy 60 percent stake in First Gen’s Batangas LNG terminal

First Gen has entered into a deal with Prime Infrastructure Capital under which the latter will acquire a 60 percent equity stake in First Gen's gas business in the Philippines, including the Batanagas LNG terminal.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

More News Like This

China’s Sinopec secures price cut for APLNG contract

China’s state-controlled energy giant Sinopec has secured a lower price for its long-term liquefied natural gas supply deal with Australia Pacific LNG following a price review, according to APLNG shareholder Origin Energy.

Australia Pacific LNG pens new domestic gas deals

Australia Pacific LNG, the operator of the 9 mtpa LNG export facility on Curtis Island near Gladstone, has signed two new domestic gas sale agreements.

Gladstone LNG exports up in April

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland rose 1.1 percent year-on-year in April, according to the monthly data by Gladstone Ports Corporation.

Origin: APLNG revenue down

The Australia Pacific LNG project reported lower revenue during the quarter ending March 31, 2025, according to shareholder Origin Energy.