On Wednesday, Australia’s energy retailer Origin Energy increased its 2020 fiscal output guidance for Australia Pacific LNF (APLNG) project, a joint venture between Origin, ConocoPhillips, and China’s Sinopec.
Origin estimated production from its share in APLNG to be at around 690-710 petajoules (PJ) in fiscal 2020, from its previous estimate of 680-700 PJ.
Origin cited strong performance for the base of the improving forecast.
