Feb 21 (Reuters) - Origin Energy Ltd:

* Australia Pacific LNG review confirms accelerated schedule

* Estimated cost of project at the FID2 announcement in July 2012 was $23

billion; current estimate is now $24.7 billion

* It is important to note that project contingency now exceeds 10 per cent of

the forecast cost to complete'

* Review concluded that to date,train 1 is on track to be completed on or ahead

of schedule, with first lng cargo expected in mid 2015

((Bangalore Newsroom; +91 80 4135 5800))

(For more news, please click here)

COPYRIGHT

Copyright Thomson Reuters 2013. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.