Origin Energy Limited
(ASX:ORG) led Australia Pacific LNG has secured a $US8.5 billion project finance facility for the development of the coal seam gas (CSG) to liquefied natural gas project in Queensland.
The financing will provide funding for the downstream parts of the project.
Australia Pacific LNG is already the largest producer of CSG in Australia.
Origin reported a net profit of $823 million in the last six months of 2011.
