What were the main reasons for Origin Energy's 9% sequential drop in third-quarter APLNG revenue?

Origin Energy's 9% sequential drop in third-quarter APLNG revenue was driven by lower realised LNG prices—US$9.51 per mmBtu, down from US$9.55 per mmBtu in the previous quarter—and lower sales volumes, as production fell 3% to 36.9 petajoules due to fewer days in the quarter and continued natural decline in eastern and non-operated fields.

How much did Origin Energy's APLNG revenue decline in absolute terms from the second to the third quarter of fiscal 2025?

Origin Energy's APLNG revenue declined from A$528 million in the second quarter to A$481 million in the third quarter, representing a drop of A$47 million (or approximately $33.56 million USD at the exchange rate of $1 = 1.4008 AUD).

Origin Energy's Third-Quarter APLNG Revenue Slips on Lower Production, Realised Prices

Apr 26, 2026

Origin Energy reported a 9% sequential drop in APLNG revenue due to lower LNG prices and production volumes. Earnings from the joint venture fell to A$481 million for the quarter ended March 31.

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