Gladstone LNG exports flat in May

LNG exports from the Gladstone port in Australia’s Queensland remained almost flat in May when compared to the same month last year due to lower demand in China, according to data by Gladstone Ports Corporation.

Last month, about 1.828 million tonnes of LNG or 29 cargoes left the three Gladstone terminals on Curtis Island, and compares to 1.876 million tonnes or 28 cargoes in May 2021, the data shows.

Compared to the previous month, LNG exports dropped by some 10.6 percent.

Most of these May LNG exports or 1.012 million tonnes landed in China, marking a drop of 23.2 percent when compared to 1.319 million tonnes last year.

The rest of Gladstone LNG exports in May went to South Korea, Japan, Malaysia and Singapore, the data shows.

Volumes to Japan rose to 234,796 tonnes in May when compared to 64,286 tonnes last year.

During the entire year of 2021, Curtis Island LNG plants dispatched 23.47 million tonnes or 358 cargoes of LNG, and compares to 22.36 million tonnes or 340 cargoes in 2020, GPC previously said.

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.

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