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