GPC: Gladstone LNG plants shipped 29 cargoes in February

LNG exports from the Gladstone port in Australia’s Queensland dropped by about 3.1 percent in February due to lower volumes going to China and Japan, 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 1,862 million tonnes of LNG or 29 cargoes left the three Gladstone terminals on Curtis Island.

This compares to 1,922 million tonnes or 30 cargoes in February 2022, the data shows.

Compared to the previous month when LNG exports reached some 1,802 million tonnes of LNG or 28 cargoes, February LNG exports rose by about 3.3 percent.

Most of February LNG exports or 822,914 tonnes landed in China, marking a drop of 16.6 percent when compared to 986,773 tonnes last year.

Besides China, volumes to South Korea dropped to 407,772 tonnes last month from 484,187 tonnes in the same month last year, while volumes to Japan decreased to 343,032 tonnes from 124,618 tonnes.

Malaysian volumes also dropped to 182,198 tonnes from 126,444 tonnes and volumes to Singapore decreased to 106,178 tonnes from 200,114 tonnes, the data shows.

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

More News Like This

Gladstone LNG exports drop in May

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland dropped 4.5 percent year-on-year in May due to lower volumes going to China, according to the monthly data by Gladstone Ports Corporation.

China’s Sinopec secures price cut for APLNG contract

China’s state-controlled energy giant Sinopec has secured a lower price for its long-term liquefied natural gas supply deal with Australia Pacific LNG following a price review, according to APLNG shareholder Origin Energy.

Australia Pacific LNG pens new domestic gas deals

Australia Pacific LNG, the operator of the 9 mtpa LNG export facility on Curtis Island near Gladstone, has signed two new domestic gas sale agreements.

Gladstone LNG exports up in April

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland rose 1.1 percent year-on-year in April, according to the monthly data by Gladstone Ports Corporation.