Gladstone LNG plants boost exports in October

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland increased in October compared to the same month last year, 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 2,115 million tonnes of LNG or 32 cargoes left the three Gladstone terminals on Curtis Island.

This compares to about 1,860 million tonnes of LNG or 29 cargoes in October 2022, the data shows.

October LNG exports rose some 13.7 percent year-on-year and about 4.4 percent compared to the previous month when LNG exports reached some 2,025 million tonnes of LNG or 31 cargoes.

Moreover, most of October LNG exports (1,369 million tonnes) landed in China, marking a rise of 24.9 percent compared to 1,096 million tonnes last year.

Volumes to South Korea dropped to 239,985 tonnes from 277,141 tonnes last year, while volumes to Japan decreased to 190,354 tonnes last month from 307,071 tonnes last year.

GPC also reported that 184,572 tonnes of LNG were sent to Malaysia, and 131,220 tonnes were sent to Singapore.

Volumes to Singapore rose from 57,739 tonnes in October last year, while Malaysian volumes increased from 122,131 tonnes last year.

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