Gladstone LNG exports drop on lower China demand

LNG exports from the Gladstone port in Australia’s Queensland dropped by 3.5 percent in August due to lower demand in China, according to data by Gladstone Ports Corporation.

Last month, about 1.837 million tonnes of LNG or 29 cargoes left the three Gladstone terminals on Curtis Island.

This compares to 1.904 million tonnes or 29 cargoes in August 2021, the data shows.

Compared to the previous month when LNG exports reached some 1.641 million tonnes of LNG or 28 cargoes, August LNG exports rose by almost 12 percent.

Most of these August LNG exports or 922,050 tonnes landed in China, marking a drop of almost 32 percent when compared to 1.354 million tonnes last year.

The rest of Gladstone LNG exports in August went to South Korea, Japan, Malaysia, and Singapore.

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.

Most Popular

Venture Global gets FERC OK to boost Plaquemines LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal in Louisiana to 27.2 mtpa.

Asyad Shipping sells LNG carrier

Oman's Asyad Shipping has sold a 2006-built steam liquefied natural gas (LNG) carrier, according to brokers.

First Rio Grande LNG tank taking shape

US LNG developer NextDecade continues to make progress on the first phase of its Rio Grande LNG export plant in Texas, including the first 180,000-cbm storage tank.

More News Like This

Gladstone LNG exports rise in January

Curtis Island hosts the Santos-operated GLNG plant, the ConocoPhillips-led APLNG terminal, and Shell’s QCLNG facility. These are the only LNG...

Origin: APLNG revenue climbs

Origin said in its quarterly report that APLNG revenue reached about A$2.71 billion ($1.69 billion) in the October-December period. Compared...

Santos: Barossa project 88.3 percent complete

Santos announced this in its fourth-quarter report on Thursday. The project was 83.5 percent complete as of October 31, 2024. In...

Gladstone LNG exports climb in 2024

Curtis Island is home to the Santos-operated 7.8 mtpa GLNG plant, the ConocoPhillips-led 9 mtpa APLNG terminal, and Shell’s...