Australia Pacific LNG Sinopec Pricing Adjustment
Sector: Natural Gas • Location: Australia
Source: Finimize
Australia Pacific LNG has adjusted its pricing arrangement with China's Sinopec, resulting in a contract impact worth A$55 million. The adjustment is due to a review altering the Japan Crude Cocktail benchmark price starting January 2025. Sinopec annually purchases 7.6 million metric tons of LNG from the APLNG project, a joint venture involving Origin Energy and ConocoPhillips. A final review is s
- Status
- Closed
- Sector
- Natural Gas, LNG
- Location
- Australia
- Updated
- 22 Jul 2026
- Source
- Finimize
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Project Information
Participants
| Not available for this record. |
Status
Original status | under contract |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Australia Pacific LNG has adjusted its pricing arrangement with China's Sinopec, resulting in a contract impact worth A$55 million. The adjustment is due to a review altering the Japan Crude Cocktail benchmark price starting January 2025. Sinopec annually purchases 7.6 million metric tons of LNG from the APLNG project, a joint venture involving Origin Energy and ConocoPhillips. A final review is scheduled for 2030 which may affect future contract terms. |
Original sector | Energy |
Budget |
Location
Country | Australia |
Source
Source | Finimize |
URL |
More Details
Record type | Project |
Sector | Natural Gas, LNG |
Article published date | 2025-05-25 |
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