MELBOURNE, Australia--Origin Energy Ltd. (ORG.AU) logged a more than doubling in sales revenue over the last financial year as production at the big Australia-Pacific gas export venture on Australia's east coast and from other assets jumped. Continue Reading BelowSales revenue jumped to 2.21 billion Australian dollars (US$1.76 billion) in the year through June, from A$1.08 billion the year before, as production climbed 40% to 323.2 petajoules equivalent, a measure used to express the volume of different petroleum products based on energy content, Origin said Monday. For the final quarter, revenue increased to A$673.4 million from A$562.9 million in the prior three months and production rose 12% quarter-over quarter to 89.2 petajoules as output from the APLNG project increased and output from the Otway Basin in southern Australia rose. When the final tests are completed, the remaining US$3.4 billion in shareholder guarantees for APLNG's US$8.5 billion project finance facility will be formally released. Write to Robb M. Stewart at robb.stewart@wsj.comContinue Reading Below ADVERTISEMENT(END) Dow Jones NewswiresJuly 30, 2017 20:47 ET (00:47 GMT)

Source: Wall Street Journal July 31, 2017 00:56 UTC