Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 2-Mar-16
Australian-listed Origin Energy has secured a preliminary agreement to supply 500,000 tonnes of LNG each year to the trading arm of China-based ENN Energy Holdings. The proposed five-year deal is the first that Origin has negotiated in its own right, rather than as part of the Australia Pacific LNG venture. Michael Dargue of Citigroup has questioned whether it is an appropriate time for Origin to become an LNG trader due to the potential risks.
CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, ENN ENERGY HOLDINGS LIMITED, AUSTRALIA PACIFIC LNG LIMITED, CITIGROUP PTY LTD, SINOPEC CORPORATION, KANSAI ELECTRIC POWER COMPANY INCORPORATED