EnergyQuest: Australian LNG exports rise continues in November

EnergyQuest: Australian LNG exports rise continues in November
Image courtesy of Chevron

Liquefied natural gas exports from Australia were up in November with shipments reaching 81 mtpa on an annualized basis, the energy consultancy, EnergyQuest notes.

During the month of November Australia’s LNG exports reached 6.6 million tons, totaling 98 cargoes, compared to 6.4 million tons from 95 cargoes in October.

These volumes have pushed Australia above Qatar as the world’s largest exporter during the month of November.

According to EnergyQuest, China has also surpassed Japan as the world’s largest importer of the chilled fuel with 49 percent of the country’s imports coming from Australia.

East coast LNG shipments increased to 1,939 kt in November (1,766 kt in October), with 29 cargoes in November compared to 26 in October. This is the highest monthly export volume since December 2017, and the second highest volume since exports began in January 2015.

East coast exports do appear to peak towards the end of the year, coinciding with higher Asian spot prices, EnergyQuest said.

Share this article

Follow LNG World News

Events>

<< Jan 2019 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year from 19-20 February 2019 in Tokyo, Japan…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >