Origin Energy's (ASX:ORG) Australia Pacific LNG revenue for the December 2024 quarter was AU$2.71 billion, up 14% from a year earlier on the back of higher volumes and prices, according to a Friday filing with the Australian bourse.
Production rose 3% year on year to 172.2 petajoules. Sales climbed 7% to 172.3 petajoules.
The average realized LNG price grew 3% to $12.20 per million British thermal unit.
The energy company lowered its fiscal 2025 Australia Pacific LNG production guidance to 670 to 690 petajoules from a previous projection of 685 to 710 petajoules. The revision comes on the back of lower-than-expected benefits from well optimization activities at Condabri, Talinga, and Orana, as well as lower field performance and unplanned maintenance at non-operated assets, per the report.
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