Australia Pacific LNG secures new gas sales agreements

Australia Pacific LNG (APLNG), a joint venture comprised of Origin, ConocoPhillips, and China's Sinopec, has signed two gas sale agreements, it said on March 15. These agreements, reached with Origin and Shell Energy, further bolster APLNG's commitment to supplying Australia's domestic gas market.

Under the terms of the agreements, APLNG will supply a combined total of 11.2 petajoules of natural gas to Origin and Shell Energy. 

With these latest agreements, APLNG's contribution to the domestic market for the 2024 calendar year exceeds 150 petajoules. This completes its expression of interest (EOI) process offering an additional 70 petajoules of gas to the east coast domestic market for supply between 1 April to 31 December 2024, APLNG stated.

The EOI process was undertaken in compliance with APLNG’s commitments under the federal government’s heads of agreement and gas market Code of Conduct.

APLNG stands as Australia's largest producer of coalbed methane (CBM), contributing significantly to Queensland's domestic gas market. Moreover, APLNG processes CBM into LNG for export purposes.