Gladstone LNG exports rise in January

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland rose 3.2 percent year-on-year in January, according to the monthly data by Gladstone Ports Corporation.

Curtis Island hosts 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 2.07 million tonnes of LNG or 32 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows.

This compares to about 2 million tonnes of LNG or 30 cargoes in January 2024.

January LNG exports decreased compared to 2.20 million tonnes of LNG or 33 cargoes in December 2024.

China volumes climb, South Korea volumes down

Most of last month’s LNG exports (1.23 million tonnes) landed in China, a 17.6 percent rise year-on-year.

On the other hand, Gladstone LNG exports to South Korea decreased to 285,271 tonnes from 451,943 tonnes in January 2024, while Malaysian volumes decreased to 243,330 tonnes from 306,526 tonnes in January last year.

Other destinations for Gladstone LNG exports in January include Singapore (184,333 tonnes), Japan (67,024 tonnes), and Thailand (58,938 tonnes).

GPC’s data shows that volumes to Japan dropped in January compared to 201,443 tonnes last year, while there were no exports to Singapore in Thailand in January 2024.

Gladstone LNG exports rose 4.7 percent in 2024 compared to the previous year, GPC’s data previously showed.

The three terminals shipped about 24.04 million tonnes of LNG or 364 cargoes in 2024.

This compares to 22.97 million tonnes of LNG or 350 cargoes in 2023, and 22.64 million tonnes of LNG or 354 cargoes in 2022, the data shows.

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