Origin’s LNG project worries as Sinopec said unable to take gas…”Serious doubts have arisen over the ability of the biggest customer for Origin Energy’s $24.7 billion liquefied natural gas project in Queensland to take delivery of the gas…Production from APLNG… to commence next quarter. Some 7.6 million tonnes a year of the 8.6 million tonnes a year capacity is due to be shipped to China, with Kansai Electric taking the rest.” How crazy is this, such an enormous project, 85% dependent on just  one large Chinese client? And electricity demand is up in Queensland, suspicions that case is huge demand for LNG plant.

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