Gladstone LNG exports slightly up in 2023

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland rose 1.4 percent in 2023 compared to the previous year, according to Gladstone Ports Corporation.

Curtis Island is home to 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.

The three terminal shipped about 22.97 million tonnes of LNG or 350 cargoes in 2023, GPC’s data shows.

This compares to about 22.64 million tonnes of LNG or 354 cargoes in 2022, the data shows.

In December 2023, LNG exports reached some 2.25 million tonnes of LNG or 32 cargoes, up from 1.84 million tonnes of LNG or 29 cargoes in December 2022, and also a rise from about 1.82 million tonnes of LNG or 28 cargoes in the prior month.

Most of 2023 LNG exports (13.46 million tonnes) landed in China, marking a rise compared to 12.38 million tonnes last year, the data shows.

Volumes to South Korea dropped to 3.42 million tonnes last year from 3.84 million tonnes in 2022, while volumes to Japan decreased to 1.98 million tonnes from 2.66 million tonnes.

GPC’s data also shows that Malaysian volumes were almost flat in 2023 reaching 2.21 million tonnes, while Singapore volumes rose to 1.51 million tonnes from 1.27 million tonnes in 2022.

During 2023, the three plants also sent 289,962 tonnes to Thailand and 67,400 tonnes to the Philippines, the data shows.

In August, LNG giant Shell supplied the commissioning cargo to First Gen’s FSRU-based terminal in Batangas, Philippines.

The Shell-operated QCLNG plant recently also shipped its 1000th cargo since it started operations in May 2015.

This is the first of the Queensland projects to reach 1,000 cargoes, according to Shell’s QGC.

 

About Stu Turley 3411 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.