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.