Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland were 1.3 percent lower in 2025 compared to the year before due to lower volumes going to China, according to the shipment data by Gladstone Ports Corporation.
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Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.
Brazil’s state-owned energy firm Petrobras has signed a long-term deal with US LNG exporter Sempra Infrastructure, a unit of Sempra, to buy LNG from the second phase of the Port Arthur LNG project in Texas.
Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.
Shell and PetroChina decided to develop the next phase of Arrow Energy’s Surat gas project in Australia's Queensland to deliver more gas to the Shell-operated QCLNG facility on Curtis Island, near Gladstone.
The Australia Pacific LNG project logged lower revenues in the three-month period ending June this year and fiscal 2026, according to Australia's Origin Energy.