Highlights from the EnergyQuest Australian LNG Monthly report. Australia may be a lucky country, but it is in a global competitionThe three largest LNG buyers in the world have a great interest in what happens with Australian energy policy. Based on our February import data, Australia supplied 45% of Japanese imports, 28% of China’s imports and 23% of Korean imports. These three LNG buyers accounted for 74.4% of Australia’s March […]
Australian LNG Monthly February 2023
EnergyQuest has just released the Febuary 2023 Australian LNG Monthly report. Did we just enter the eye of the energy storm?Those who go down to the sea in ships know that if you have the misfortune to be caught by a cyclone, it is an horrific storm. If it passes directly over you, then you […]
Australian LNG Monthly January 2023
EnergyQuest has just released the January 2023 Australian LNG Monthly report. In addition to all the LNG statistics, there are two main stories: One is on the proposed changes to the Australian Domestic Gas Security Mechanism, asking whether Australia is really the stable and reliable energy supplier that politicians claim it to be. Whatever its […]
Australian LNG Monthly December 2022
In addition to comprehensive LNG statistics, our December 2022 Australian LNG Monthly report carried two important stories: $78/GJ gas price cap in Europe, $12/GJ in Australia. Coincidentally both the EU and Australia announced gas price caps in the week before Christmas. However, the timing is where the similarity ends. The EU cap will begin from […]
Australian 2022 LNG export revenue over ...
Based on vessel tracking data, EnergyQuest estimates that Australian LNG exports reached a new record of 81.4 million tonnes (Mt) in 2022, up slightly from 81.1 Mt the previous calendar year. However, with higher oil and LNG spot prices, Australian LNG export revenue was up a massive 86% on 2021 with estimated export revenue of […]
Falling gas prices
EnergyQuest has just released its Australian LNG Monthly for October 2022. There are special reports on: Some of the highlights of this report are: Information about the EnergyQuest Australian LNG Monthly is available by clicking here.
Record August LNG export revenue
EnergyQuest has just released its Australian LNG Monthly for August 2022. There are special reports on: Record international energy prices Europe relying on fracked U.S. gas to avoid winter shortages EU energy plans Impact of gas sanctions on Russia The rapid rise of U.S. LNG East coast gas prices falling notwithstanding higher Gladstone exports ADGSM […]
The case of the missing Gladstone spot c...
We have just released our July 2022 Australian LNG Monthly report. As noted in today’s AFR (18 July), some of the main points from the report are: Australian LNG exporters, who sent a record $70 billion worth of cargo overseas in the 2022 financial year, have been criticised for ignoring domestic gas supply constraints after […]
Record June LNG exports end a record yea...
EnergyQuest has just released its Australian LNG Monthly for June 2022. The report has a detailed analysis of Australian LNG exports in FY 2021. China lost its position as Australia’s top export destination in FY 2022 with 25.0 Mt (38%) of Australian export volume, less than 28.3 Mt (41%) in FY 2021. In the 11 months […]
Australian LNG cargo to Chile
Australia shipped an LNG cargo to Chile in June, the first since July 2020. The cargo is from the Shell-operated QCLNG project at Gladstone in Queensland. As of the end of June another two cargoes were heading towards Chile. QCLNG cargoes generally go to China and Japan. Chile mostly imports LNG cargoes from the US […]