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Australia Pacific LNG Cuts Price in Massive Sinopec Supply Deal

GenevaTimes by GenevaTimes
May 23, 2025
in Business
Reading Time: 1 min read
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Sinopec’s LNG supply contract ends in December 2035, with one final price review in 2030 at APLNG’s discretion, Origin said. The Chinese company is also an APLNG shareholder — with a 25% stake — while ConocoPhillips holds the remaining 47.5%. The contract started in 2016, and was for 7.6 million tons a year, making it one of the largest globally, according to the International Group of LNG Importers.

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