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Origin Energy bolsters balance sheet as APLNG awaits FID

Australia’s Origin Energy has completed a €500 million ($714 million) issue of hybrid securities to help fund its stake in its planned LNG terminal on Queensland’s Pacific coast. The facility will be fed from giant onshore reserves of coal-bed methane (CBM).

Australia’s Origin Energy has completed a €500 million ($714 million) issue of hybrid securities to help fund its stake in its planned LNG terminal on Queensland’s Pacific coast. The facility will be fed from giant onshore reserves of coal-bed methane (CBM).