Australia's Origin Energy first-quarter APLNG revenue rises on higher sales, prices
Adds details in paragraphs 2-5
Oct 31 (Reuters) -Australia's Origin Energy ORG.AX reported on Thursday a 4% sequential rise in the first-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project, driven by strong gas prices and sales.
The energy retailer said that its revenue share from APLNG, a joint venture with U.S. oil and gas company ConocoPhillips COP.N and China's state-owned Sinopec 600028.SS, rose to A$615 million ($404.24 million) for the quarter ended Sept. 30, compared to A$590 million in the previous quarter.
The country's second-largest power producer realized $11.95 per metric million British thermal units (mmBtu) for its LNG product in the September quarter from the Queensland project, higher than $11.70 in the June quarter.
The company's production share from the project fell 1% sequentially to 47.7 petajoules (PJ).
($1 = 1.5214 Australian dollars)
Reporting by John Biju and Sherin Sunny in Bengaluru; Editing by Mohammed Safi Shamsi
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