Supply & Demand

Australia exports 13 mt of LNG in Q4 2016

Australia's LNG exports more than doubled in Q4 2016 compared with Q4 2014, and growth will continue as more liquefaction plants come online Australia's LNG exports more than doubled in Q4 2016 compared with Q4 2014, and growth will continue as more liquefaction plants come online.
By Andrew Walker 13 April 2017 0 25482

Australia’s LNG exports increased by 8% in Q4 2016 from the previous quarter, exceeding 13 mt for the first time. Total LNG exports for 2016 fell just short of 45 mt, 15 mt more than in 2015. This was the result of the startup of LNG trains on Curtis Island in Queensland and initial exports from Gorgon LNG off Western Australia. Exports are expected to grow rapidly over the next couple of years as Gorgon ramps up production, and the Ichthys...