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The consultancy estimates Australian LNG export revenue reached A$5.73 billion ($3.64 billion) last month.
EnergyQuest said this was lower than A$6.24 billion in December 2024, and reflected a 5.9 percent decrease compared to January 2024, when revenue was A$6.09 billion.
Western Australia projects earned export revenue of A$3.19 billion, Queensland projects brought in A$1.80 billion, and Northern Territory projects earned A$0.74 billion.
LNG shipments
According to the consultancy, January 2025 shipments were 80.3 Mtpa on an annualized basis, compared to 82 Mt during 2024, 81.1 Mtpa for the 2023 calendar year, and 85.7 Mtpa for December 2024.
January 2025 shipments represented 90.6 percent of nameplate capacity.
In December 2024, Queensland LNG shipments set a new monthly record, with 34 cargoes totaling 2.35 Mt, but this was not replicated in January 2025 when total LNG shipments were 32 cargoes for 2.14 Mt, EnergyQuest said.
The January result was also slightly down on tonnage compared to the 32 cargoes for 2.20 Mt and in November and in October when total Queensland shipments were 34 cargoes for 2.33 Mt, it said.
Australian LNG cargo heading to Europe
EnergyQuest also noted that the 174,000-cbm Elisa Ardea is heading to France after picking up its cargo from Chevron’s Wheatstone LNG project.
This 2024-built LNG carrier is owned by France LNG Shipping, a joint venture of NYK and Geogas LNG, and chartered by EDF.
EnergyQuest said Elsia Ardea loaded LNG at the Wheatstone plant from February 5 to 6 and is due to arrive in France’s Dunkirk, where Dunkerque LNG’s terminal is located, on March 7 to 8 .
“Our tracking indicates the ship should soon be rounding the Cape of Good Hope, having avoided the Suez Canal route. For a few weeks at the bottom of the Indian Ocean, it must have been the world’s loneliest LNG vessel,” the consultancy said.
It is not often that Australian LNG makes it all the way to Europe, with the previous cargo being shipped over two years ago from the North West Shelf (NWS) to Rotterdam, EnergyQuest said.
Back in November 2022, Woodside delivered the LNG cargo from its NWSf project in Australia to German energy firm Uniper via the Dutch Gate terminal in Rotterdam.
