Deal Insight
EIG acquires 10% in APLNG from Origin for US$1.6 billion
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Origin Energy has sold a 10% stake in its flagship APLNG project to EIG for US$1.6 billion, adding to Australia's burgeoning M&A market in 2021. APLNG, the biggest of three coal seam gas-to-LNG plants on Australia's east coast, supplies both Asian LNG and the local market. After a rocky 2020, which saw demand and prices plummet, Asian demand has rebounded, with LNG exports nearing record highs and commodity prices returning to levels seen during the last boom.
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- APLNG
- Deal analysis
-
Upsides and risks
- Upsides
- Risks
-
Strategic rationale
- Origin Energy
- EIG
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1Deal analysis: Table 1Deal analysis: Table 2
-
Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2APLNG upstream detail mapUpstream assets: Table 1
What's included
This report contains:
Other reports you may be interested in
Asset Report
Project Atlas
Project Atlas is a coal seam gas (CSG) project contained within Petroleum Lease 1037, 445 and 209.
$3,720
Asset Report
Barrow Island (Ceased)
Barrow Island is now ceased mature oil field located off the northwest coast of Australia. Oil was first discovered in 1964.
$3,720
Asset Report
Denison Trough
The Denison Trough is a group of mature gas fields in the Bowen basin. We estimate that 12 fields are producing.
$3,720
