QCLNG shipped three more cargoes in June compared to May.
QCLNG shipped three more cargoes in June compared to May. Murray WareGladstone

Australian LNG export revenue reaches $3.2b in June

DESPITE fewer liquefied natural gas exports leaving Gladstone's port last month, Australia's revenue from the commodity is estimated to have reached $3.2 billion.

According to EnergyQuest's June report, Australian LNG shipments increased to 5.5million tonnes last month, or 81 cargoes.

While Shell's QCLNG shipped three more cargoes than the previous month, Santos' GLNG shipped two less and Origin Energy's APLNG shipped one less.

EnergyQuest chief executive Graeme Bethune estimated last month's export revenue rose to $3.2billion, up from $2.8billion in May.

The report said exports for 2017-18 surged by 9.3million tonnes off the back of increased deliveries to China of 6.5Mt from Gladstone's three plants.

Exports to China accounted for 34per cent of all deliveries in the past year, but Japan remained the biggest customer, accounting for 46per cent of deliveries.

Mr Bethune estimated LNG export revenue reached $30.8billion in 2017-18, up 38per cent on the previous year.



Heron Island’s ‘wow’ factor recognised

premium_icon Heron Island’s ‘wow’ factor recognised

Flight Centre Australia’s data-backed top 50 list also included a safari in Sri...

Wurdong Heights property a ‘rare commodity’

premium_icon Wurdong Heights property a ‘rare commodity’

To live with extended family or to rent one house out and live in the other? The...

Woman kicks police officer in groin, headbutts another

premium_icon Woman kicks police officer in groin, headbutts another

A GLADSTONE woman has been jailed after she kicked a police officer in the groin...