Higher LNG prices lift Oil Search Q3 revenue

Higher liquefied natural gas (LNG) prices have resulted in ASX-listed Oil Search reporting a 16% increase in revenue for the three months to September, compared with the previous quarter. Oil Search on Tuesday reported that total revenue for the quarter reached $309.5-million, compared with the $267.7-million reported in the June quarter. LNG and gas prices for the quarter under review increased by 23%.