Queensland’s LNG exports hit $1 billion in Jan-July

Queensland’s liquefied natural gas exports have hit $1 billion in just six months since shipments commenced, Treasurer Curtis Pitt said on Friday.

Pitt said according to official Australian Bureau of Statistics data, the value of Queensland’s overall merchandise exports is also accelerating.

The nominal value of Queensland merchandise exports rose 20 per cent over the year to July quarter 2015,” Pitt said.

According to Pitt, growth over the year was driven by the ramp up of LNG exports, which commenced in January 2015, along with increases in the value of meat and coal exports.

He said that Queensland’s LNG industry exported $1.14 billion worth of gas from January to July.

LNG exports are projected to hit $15 billion by 2016-17, earning the state valuable export dollars and annual royalties while supporting thousands of jobs,” Pitt added.

 

LNG World News Staff; Image: BG

 

 

Share this article

Follow LNG World News

Events>

<< Oct 2019 >>
MTWTFSS
30 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

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >