Gladstone LNG exports flat in June

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland were almost flat in June compared to the same month last year, according to the monthly data by Gladstone Ports Corporation.

About 1.89 million tonnes of LNG or 29 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows.

This compares to 1.88 million tonnes of LNG or 29 cargoes in June 2024.

June LNG exports rose compared to 1.80 million tonnes of LNG or 28 cargoes in May this year.

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.

China volumes down

Most of last month’s LNG exports (1 million tonnes) landed in China, a 2 percent decrease from the previous year.

Moreover, Gladstone LNG exports to Singapore rose to 308,557 tonnes from 202,819 tonnes in June 2024, while Malaysian volumes rose to 269,303 tonnes from 183,515 tonnes in June last year.

South Korean volumes dropped to 170,334 tonnes last month from 202,819 last year, and Japan volumes increased to 139,863 tonnes from 69,573 tonnes last year.

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.

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