The consultancy estimates that Australian LNG export revenue reached A$5.43 billion ($3.52 billion) last month.
EnergyQuest said this was lower than April’s A$5.53 billion, and down from May 2024 (A$5.53 billion).
Western Australia projects earned A$2.90 billion in export revenue, Queensland projects earned A$1.42 billion, and Northern Territory projects earned A$0.69 billion.
Shipments
EnergyQuest estimates that Australia exported 6.940 million tonnes of LNG in May 2025, representing a total of 93 cargoes.
This was a decrease compared to April 2025, when Australia exported 6.90 Mt and 98 cargoes.
When annualized, May’s exports represent 75.4 Mtpa, equivalent to 87.6 percent of total Australian nameplate capacity.
Combined, the five WA projects (NWS, Pluto, Gorgon, Prelude, and Wheatstone) shipped 53 cargoes during May for 3.71 Mt.
According to EnergyQuest, this compares to 56 cargoes during April for 3.97 Mt, 59 cargoes for 4.17 Mt in March, 48 cargoes for 3.38 Mt in February, and 54 cargoes for 3.80 Mt in January.
During May, Queensland’s three Gladstone projects shipped 28 cargoes for a combined total of 1.82 Mt, down on the 31 cargoes for 2.11 Mt shipped during April and down on the 33 cargoes for 2.26 Mt shipped during March.
EnergyQuest said the May liftings were also lower than February’s total of 29 cargoes for 1.95 Mt.
This was primarily due to scheduled maintenance undertaken by the Queensland Curtis LNG project during May.
During May, the NT (Ichthys only) shipped 12 cargoes for 0.88 Mt compared to shipping 11 cargoes for 0.82 Mt during April, nine cargoes for 0.68 Mt in March, and 10 cargoes for 0.74 Mt in February, the consultancy said.
