June 6

Gladstone LNG exports drop in May

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Gladstone LNG exports

About 1.80 million tonnes of LNG or 28 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows.

This compares to about 1.89 million tonnes of LNG or 28 cargoes in May 2024.

May LNG exports also decreased compared to 2 million tonnes of LNG or 31 cargoes in April 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.

Most of last month’s LNG exports (1.01 million tonnes) landed in China, a 30 percent decrease from the previous year.

Moreover, Gladstone LNG exports to South Korea rose to 358,901 tonnes from 259,494 tonnes in May 2024, while Malaysian volumes dropped slightly to 182,657 tonnes from 186,271 tonnes in May last year.

Other destinations for Gladstone LNG exports in May include Japan (193,907 tonnes) and Singapore (59,794 tonnes).

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.

Source: Lngprime.com

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The post Gladstone LNG exports drop in May appeared first on Energy News Beat.


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