Gladstone LNG exports drop in November

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland decreased in November compared to the same month last year, 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.

Last month, about 1,829 million tonnes of LNG or 28 cargoes left the three Gladstone terminals on Curtis Island.

This compares to about 1,938 million tonnes of LNG or 30 cargoes in November 2022, the data shows.

November LNG exports dropped some 5.6 percent year-on-year and about 13.5 percent compared to the previous month when LNG exports reached some 2,115 million tonnes of LNG or 32 cargoes.

Moreover, most of October LNG exports (1,158 million tonnes) landed in China, marking a slight drop compared to 1,164 million tonnes last year.

Volumes to South Korea dropped to 229,577 tonnes from 285,364 tonnes last year, while volumes to Japan decreased to 60,264 tonnes last month from 123,883 tonnes last year.

GPC also reported that 246,968 tonnes of LNG were sent to Malaysia, and 134,732 tonnes were sent to Singapore.

Volumes to Singapore dropped from 180,737 tonnes in November last year, while Malaysian volumes increased from 183,899 tonnes last year.

Last week, deliveries from the ConocoPhillips-operated APLNG plant on Curtis Island were impacted as a loaded LNG tanker docked at the terminal’s jetty had lost power and was unable to leave.

ConocoPhillips Australia said that the 174,100-cbm Cesi Qingdao was moved from the terminal early Friday morning.

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