Aussie LNG export revenue up 95% in April: EnergyQuest
Australian LNG export revenue in April was A$5.52bn ($3.8bn), up 95% year/year, energy consultant EnergyQuest said on May 13. The revenue was down 8.3% month/month, however.
In April, Australian projects shipped 6.38mn metric tons of LNG, slightly less than the 6.41mn mt in March, accounted for by the slightly shorter month. In April Australian projects shipped an average of 3.1 cargoes per day, up from three per day average in March. Overall, Australia’s April shipments were 77.6mn mt/year on an annualised basis.
Wheatstone shipped nine fewer cargoes due to scheduled maintenance, Prelude shipped three more cargoes as shipments resumed, and APLNG, QCLNG and Ichthys each shipped two more cargoes than in March. Darwin shipped one more cargo while GLNG, Gorgon and NWS each shipped one cargo less. Pluto was steady with March.
West coast shipments decreased to 4.3mn mt last month, with 61 cargoes in April compared with 66 in March. A year ago, the west coast shipped 69 cargoes of 4.9mn mt, EnergyQuest said. West coast projects operated at 84% of nameplate capacity during April.
East coast LNG shipments increased to 2.1mn mt in April versus 1.8mn mt in March, with 31 cargoes compared with 28 in March, and 31 cargoes of 2.1mn mt a year ago. The east coast projects operated at 96% of nameplate capacity during April.