Gladstone LNG exports drop in January

LNG exports from the Gladstone port in Australia’s Queensland declined by about 11.8 percent in January when compared to the same month last year, according to Gladstone Ports Corporation.

Last month, about 1,802 million tonnes of LNG or 28 cargoes left the three Gladstone terminals on Curtis Island.

This compares to 2,042 million tonnes or 31 cargoes in January 2022, the data shows.

Compared to the previous month when LNG exports reached some 1,847 million tonnes of LNG or 29 cargoes, January LNG exports dropped by about 2.4 percent.

Most of these January LNG exports or 976,398 tonnes landed in China, marking a drop of about 6.6 percent when compared to 1,046 million tonnes last year.

On the other hand, volumes to South Korea of 410,533 tonnes were flat compared to last year while volumes to Malaysia increased to 243,443 tonnes from 125,375 tonnes.

Also, volumes to Singapore dropped to 46,297 tonnes from 273,703 tonnes while Japan also took 125,611 tonnes of Gladstone LNG exports in January, down from 186,981 tonnes last year.

LNG exports from the Gladstone port in Australia’s Queensland dropped by about 3.5 percent in 2022 due to lower volumes going to China.

During the January-December period last year, about 22.64 million tonnes of LNG or 354 cargoes left the three Gladstone terminals on Curtis Island.

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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