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Origin Energy Announces LNG Contract Price Review
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Origin Energy Announces LNG Contract Price Review

Origin Energy Limited (AU:ORG) has released an update.

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Origin Energy Limited has announced that its subsidiary, Australia Pacific LNG, of which Origin holds a 27.5% interest, has received a price review notice from Sinopec concerning its long-term LNG supply agreement. The review process aims to adjust the contract price to reflect competitive market rates for long-term LNG contracts, with potential changes taking effect from January 1, 2025. Origin will keep the market informed of any developments through its regular disclosure commitments.

For further insights into AU:ORG stock, check out TipRanks’ Stock Analysis page.

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