Origin Upbeat on APLNG, as Conoco Mulls Exit

摘要

Origin Energy has raised its production outlook for the Australia Pacific LNG (APLNG) scheme and flagged the potential for reserves growth, amid rumors that partner ConocoPhillips is looking to exit the project. The Australian independent, which jointly operates APLNG with Conoco, lifted its output guidance for the fiscal year 2020 to a range of 690-710 petajoules (651 Bcf-670 Bcf), from 680-700 petajoules based on the field’s strong performance.