Australian monthly LNG exports hit new record high

Australian LNG exports hit a new record high in October, boosted by more shipments to China and Taiwan, according to EnergyQuest.

In October, Australian projects shipped in total 7.23 million tonnes or 105 cargoes, slightly higher than the record of 7.2 million tonnes in March, the consultancy said in its monthly report.

Compared to the previous month when Australia shipped 6.96 million tonnes or 101 LNG cargoes, exports rose by 0.26 million tonnes.

Also, EnergyQuest estimates that Australian LNG export revenue increased in October to $5.21 billion, up from $4.90 billion in September and up by 188 percent on October 2020.

When compared to the previous month, Australian projects delivered five fewer cargoes to Japan, Korea, Malaysia and Singapore in October, but six additional cargoes to China and Thailand.

West coast shipments increased to 5.1 million tonnes in October when compared to 4.9 Mt in September, with 73 cargoes in October compared to 70 in September.

As previously reported by LNG Prime, east coast shipments increased to 2.1 million tonnes in October, with 32 cargoes compared to 31 in September.

EnergyQuest also reported three spot cargoes from the east coast in October and five spot cargoes from the west coast, or 8 percent of total shipments.

- Advertisements -

Most Popular

Golden Pass LNG contractor Zachry files for bankruptcy

US construction company Zachry said on Tuesday it has filed for bankruptcy, initiating a structured exit from the Golden...

Kinder Morgan secures more time for Gulf LNG export project

US energy company Kinder Morgan and its partners have secured more time from the US FERC to add liquefaction...

Hoegh LNG: commissioning of Brazilian FSRU completed

Commissioning of the FSRU Hoegh Giant which serves Cosan's LNG import terminal in Brazil's port of Santos has been...

More News Like This

Australian LNG export revenue down in March

Australian liquefied natural gas (LNG) export revenue dropped by 12 percent year-on-year in March, while Australian terminals shipped 104...

Gladstone LNG exports up in March on higher China volumes

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland increased in March compared to the same...

Gladstone LNG exports slightly up in 2023

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland rose 1.4 percent in 2023 compared to...

EnergyQuest: Australian LNG export revenue drops in June

Australian liquefied natural gas (LNG) export revenue dropped by 24 percent in June when compared to the same month...