Origin Energy (ASX:ORG) announces its forecast for fiscal year 2024 capital expenditure (capex) and operational expenditure (opex) of the Australian Pacific LNG (APLNG) project, excluding purchases, to be between A$2.8 – A$3.0 billion.

As of August 7, the company has 3.7 million barrels of oil and 0.4 trillion British thermal units of JKM hedge contracts priced at US$86 per barrel and US$15 per MMBTU.

Origin Energy is an integrated energy company engaged in petroleum, power generation, and energy retailing.