Nov 28 (Reuters) - Origin Energy Ltd ORG.AX :
* TARGETING OVER A$500 MILLION PER ANNUM APLNG COST REDUCTION OVER 18 MONTHS
* ON TRACK FOR ADJUSTED NET DEBT BELOW $7 BILLION BY JUNE 2018
* REAFFIRMES FY2018 GUIDANCE
* REAFFIRMES FY2018 ORIGIN'S SHARE OF APLNG PRODUCTION EXPECTED TO BE 245 PJ - 265 PJ
* FY2018 ERARING OUTPUT EXPECTED TO BE 15.5 - 16 TWH, HIGHER THAN PREVIOUS GUIDANCE
* REAFFIRMES ENERGY MARKETS FY2018 EBITDA IS EXPECTED TO BE IN THE RANGE OF $1.7 BILLION - $1.8 BILLION
* FY 18 CAPITAL EXPENDITURE (EXCLUDING LATTICE ENERGY) IS EXPECTED TO BE $360 MILLION - $420 MILLION