Our history

Origin has a rich heritage in energy exploration, production, power generation and retailing.

Today, we are the leading provider of energy to homes and businesses throughout Australia, and a major energy provider in New Zealand and the Pacific.

2013

  • In February, Origin announces the results of a schedule and cost review by Australia Pacific LNG, resulting in a 7 per cent increase in the estimated cost of the project to $24.7 billion and confirming Train 1 is on track to deliver first LNG by mid 2015, and an accelerated schedule for Train 2 with delivery of first LNG expected in late 2015.
  • Origin acquires Eraring Energy including Eraring Power Station, Kangaroo Valley Power Station and Bendeela Power Station.
  • Production commences at Otway Gas Project’s newly developed well at Geographe gas field in the Bass Strait.
  • At the end of September, the Upstream component of the Australia Pacific LNG project was approximately 50 per cent complete and the Downstream component approximately 54 per cent complete.

2012

  • In January, Sinopec agreed to purchase an additional
    3.3 million tonnes per annum of LNG from Australia Pacific LNG, taking Sinopec’s total LNG offtake from the project to 7.6 mtpa. At the same time, Sinopec also increased its share in Australia Pacific LNG to 25 per cent.
  • In April, Origin acquired a 51 per cent voting interest in Energia Australia SpA from Xstrata Copper, which retains a 49 interest. Origin is the lead development partner for Energia Austral’s 1,000 MW hydorelectic project.
  • Origin secured its largest ever wind power purchase agreement with TrustPower underpinning the development of the Snowtown II Wind Farm in South Australia.
  • Australia Pacific LNG and the Kansai Electric Power Company signed an agreement to supply approximately 1 million tonnes of LNG per year for 20 years.
  • In November, Australia Pacific LNG confirmed that all conditions precedent had been satisfied for its US$8.5 billion project finance facility, at the time representing the largest project finance facility ever signed in Australia.

2011

  • In March, Origin completed the acquisition of the retail businesses of Integral Energy and Country Energy. Origin also entered into binding GenTrader arrangements with Eraring Energy.
  • In April, Australia Pacific LNG and China Petroleum & Chemical Corporation (Sinopec) signed binding agreements for the supply of 4.3 million tonnes per annum of LNG for 20 years and for Sinopec to subscribe for a 15 per cent equity interest.
  • In May, Origin acquired a 40 per cent interest in Chile's leading geothermal exploration company, Energía Andina S.A. (EASA).
  • In July, the Australia Pacific LNG Board approved a final investment decision on the first phase of the Coal Seam Gas (CSG) to Liquefied Natural Gas (LNG) project in Queensland.
  • In November, Origin entered into renewable energy purchase agreement with ACCIONA for 46.5 MW of offtake from Gunning Wind Farm.

2010

  • Commenced commercial operations at the Kupe Gas Project in New Zealand in January.
  • In March, Origin completed the Otway Gas Project acquisition, increasing its stake to 67 per cent and becoming operator of the facility.
  • Commercial operations commenced at the gas-fired Darling Downs Power Station in Queensland in July. Using combined cycle technology, it is one of the cleanest baseload power stations in terms of carbon emissions.
  • In October, the Victorian Minister for Planning granted approval for 157 turbines at the Stockyard Hill Wind Farm and all of the associated planning permits.

2009

  • In May, Origin acquired WindPower and its wind farm development portfolio.
  • In July, commercial operations commenced at Origin's first wind farm at Cullerin Range.

2008

  • In April, Origin rejected an unsolicited approach by BG Group to acquire the Company. The rejection of the BG Group bid was based on a belief that the proposal did not appropriately reflect the true value of the Company's assets.
  • Origin acquired the 640 MW gas-fired Uranquinty Power Station from Babcock and Brown in July 2008. In the same month, Origin also approved construction of the 550 MW gas-fired Mortlake Power Station.
  • In September, Origin selected ConocoPhillips to invest in a 50:50 coal seam gas to liquefied natural gas joint venture, Australia Pacific LNG, receiving a cash payment of $6.9 billion.

2007

  • Queensland's Sun Retail was acquired, adding in excess of 890,000 customers to Origin's retail base and positioning the company as one of the largest energy retailers in Australia.

2006

  • The BassGas Project, which is capable of meeting almost 10 per cent of Victoria's gas needs, was commissioned.

2005

  • Production commenced at Origin's Spring Gully coal seam gas processing facilities in Queensland, with the capacity to deliver 13 Petajoules each year.
  • Production commenced at the SLIVER solar cells demonstration plant in South Australia.

2004

  • The construction and commissioning of the SEA Gas Pipeline was completed, linking Victorian and South Australian gas markets.
  • In New Zealand, Origin acquired a 50 per cent interest in the Kupe Gas Field and reached an agreement to acquire Edison Mission Energy's 51.4 per cent interest in Contact Energy.

2001-2

  • Origin increases its customer base and electricity retailing capability with the acquisition of the Powercor and CitiPower electricity retail businesses in Victoria.
  • Otway Basin investments come to fruition with the discovery of two new large gas fields - Thylacine and Geographe - which will supply the growing gas needs of south eastern Australia.

2000

  • In February 2000, Boral shareholders approved the demerger of the energy business from the building and construction materials business. The demerged energy business became a new company known as Origin Energy.