Natural Gas Asia

Friday, December 19, 2014

WSJ: Origin Should Sell More of $20 Billion LNG Project

If BG Group is the only major energy company looking to sell a stake in one of the multibillion dollar LNG projects in Queensland state, it shouldn’t be.

Macquarie analyst Matt Nacard thinks Origin Energy should consider reducing its interest in the Australia Pacific LNG project at Gladstone to plug a funding gap that he estimates to be around 800 million Australian dollars (US$826 million). MORE

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