Gladstone LNG exports down in July

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland decreased 5.2 percent year-on-year in July, according to the monthly data by Gladstone Ports Corporation.

Curtis Island is home to the Santos-operated GLNG plant, the ConocoPhillips-led APLNG terminal, and Shell’s QCLNG facility. These are the only LNG export facilities on Australia’s east coast.

GPCC’s data shows that about 1.70 million tonnes of LNG or 26 cargoes left the three Gladstone terminals on Curtis Island last month.

This compares to about 1.80 million tonnes of LNG or 27 cargoes in July 2023, the data shows.

July LNG exports also decreased compared to the month before when LNG exports reached some 1.88 million tonnes of LNG or 29 cargoes.

Most of July LNG exports (979,270 tonnes) landed in China, marking a drop of 10.2 percent compared to 1.09 million tonnes last year.

Other destinations for Gladstone LNG exports in July include South Korea (361,808 tonnes), Malaysia (184,525 tonnes), Singapore (131,430 tonnes), and Thailand (51,380 tonnes).

Volumes to South Korea rose compared to 234,879 tonnes last year, and volumes to Malaysia increased compared to 122,829 tonnes last year, GPC’s data shows.

The three Gladstone terminals shipped about 22.97 million tonnes of LNG or 350 cargoes in 2023. This compares to about 22.64 million tonnes of LNG or 354 cargoes in 2022.

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