This story requires a subscription
This includes a single user license.
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.
About 2.15 million tonnes of LNG or 33 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows.
This compares to about 2.11 million tonnes of LNG or 32 cargoes in October 2023.
October LNG exports rose compared to the month before when LNG exports reached some 1.99 million tonnes of LNG or 31 cargoes.
Most of October’s LNG exports (1.03 million tonnes) were shipped to China, a 24.5 percent decrease from 1.36 million tonnes last year.
On the other hand, Gladstone LNG exports to South Korea jumped to 569,302 tonnes from 239,985 tonnes in October 2023.
Other destinations for Gladstone LNG exports in October include Malaysia (242,842 tonnes), Singapore (123,413 tonnes), Philippines (122,270 tonnes), and Japan (64,421 tonnes).
GPC’s data shows that volumes to Malaysia rose in October compared to 184,572 tonnes last year, while volumes to Japan dropped compared to 190,354 tonnes in October 2023.
The three Gladstone terminals shipped about 22.97 million tonnes of LNG or 350 cargoes in 2023.
This compares to about 22.64 million tonnes of LNG or 354 cargoes in 2022.
It is worth mentioning here that the Australian Competition and Consumer Commission (ACCC) recently said Queensland LNG producers may need to commit more gas to the east coast market to mitigate the risk of shortfalls.
The gas supply surplus in the Australian east coast gas market is forecast to be between 12 and 27 petajoules (PJ) in the first quarter of 2025.
ACCC said the exact size of the surplus would largely depend on how much uncontracted gas Queensland LNG producers would export.
