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    Aussie LNG exports up 5% m/m in Aug

Summary

The exports last month were just short of the record of 7.2mn mt in March this year.

by: Shardul Sharma

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Aussie LNG exports up 5% m/m in Aug

Australian LNG exports in August came in at 7.18mn metric tons, up 5.5% month/month, energy consultancy EnergyQuest said on September 16. The exports last month were just short of the record of 7.2mn mt in March this year.

West coast shipments increased to 5.3mn mt in August, with 76 cargoes compared with 72 in July. A year ago, the west coast shipped 70 cargoes of 4.9mn mt, EnergyQuest said. Gorgon and Prelude are now operating at full capacity.

East coast shipments increased to 1.9mn mt, with 29 cargoes compared with 27 in July, and 26 cargoes of 1.7mn mt a year ago.  The east coast projects operated at 87% of nameplate capacity during August, EnergyQuest said.

Compared with July, Australian projects delivered 14 additional cargoes to China, Japan and Taiwan in August, but four fewer cargoes to Korea, Malaysia and Singapore.