Gladstone LNG exports down in October

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

About 2.12 million tonnes of LNG or 33 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows.

This marks a 1.6 percent drop compared to 2.15 million tonnes of LNG or 33 cargoes in October 2024.

October LNG exports rose compared to 1.84 million tonnes of LNG or 28 cargoes in September of 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 (1,157,302 tonnes) landed in China, a 12 percent decrease from the previous year.

Moreover, Gladstone LNG exports to South Korea dropped to 284,006 tonnes from 569,302 tonnes in October 2024, while Malaysian volumes rose to 249,047 tonnes from 242,842 tonnes in October last year.

Volumes to Singapore and Japan reached 231,128 tonnes and 198,688 tonnes last month, up compared to 123,413 tonnes and 64,421 tonnes in September last year, respectively.

During January-September this year, Gladstone terminals exported 19,515,431 tonnes or 303 cargoes.

This compares to 19,669,216 tonnes or 298 cargoes in the same period 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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