Australia Pacific LNG 88% Complete

Origin Energy Limited on Friday reported that the Australia Pacific LNG project is 88 per cent complete and on track to deliver first LNG in mid-2015.

The update was provided as part of company’s quarterly production report.

"The upstream component of the project is 90 per cent complete, with 1,019 development wells drilled and 666 wells commissioned, while the downstream component is 86 per cent complete and the final Train 2 module has been set on its permanent foundations,” Origin Chief Executive Officer LNG, David Baldwin said. "The Australia Pacific LNG project remains on track for first LNG in mid-2015.”

The Australia Pacific LNG Project is a coal seam gas (CSG) to LNG project based in Queensland. The project brings together a joint venture between Origin (37.5%),ConocoPhillips (37.5%)  and Sinopec (25%).

Origin reported production for the quarter to 31 December 2014 of 33.4 petajoules equivalent (PJe) and sales revenue of A$235.6 million.