LNG

Australian liquefied natural gas export plants in Western Australia and Queensland exported a total of 93 cargoes in May, with six of them spot cargoes, down from 101 shipments the previous month, while deliveries to China kept their momentum as Japan and South Korea imports were lower or flat.

China has temporarily become the biggest buyer of Australian LNG as 40 cargoes were delivered last month, overtaking previous top destination Japan.