Australian record
Nov 16 (LNGJ) – The 10 Australian LNG plants exported 7.13 million tonnes of LNG in October, or around 104 cargoes, down slightly from the 7.21MT lifted in September but at record prices, according to estimates by Adelaide-based consultants EnergyQuest.
The firm estimated that Australian LNG export revenues increased significantly in October to a new record of A$10.6 billion (US$7.2Bln), up from a previous record A$10.2Bln in September 2022 and up by 82 percent on October 2021. “Compared with September, Australian projects delivered three more cargoes to North Asia - China, South Korea and Japan in October. There were no cargoes delivered to Europe,” said EnergyQuest.
Australia expected to have record LNG output and keep World No. 1 spot even with plants off stream
Australia is on track for record LNG shipments to remain the world’s largest exporting country, ahead of Qatar and the US, even in a year when two plants suffered long shutdowns and economies worldwide were slowed by the Covid-19 pandemic.
Australia ships 40 cargoes to China as nation temporarily overtakes Japan as its top destination
China has temporarily become the biggest buyer of Australian LNG as 40 cargoes were delivered last month, overtaking previous top destination Japan.
Prelude FLNG project helps quarterly output surge to keep Australia in global No. 1 spot
The Royal Dutch Shell-operated Prelude floating liquefied natural production hull offshore northwest Australia has already shipped more than six cargoes and will enable the Australians in 2020 to retain their No. 1 spot in the global LNG production table ahead of Qatar with 80 million tonnes per annum of output.
