Generic Hero BannerGeneric Hero Banner
Latest market news

LNG exports at Australia’s Port Dampier rebound in July

  • Märkte: Natural gas
  • 18.08.23

LNG shipments from Western Australia's Port Dampier rose on the month in July, following a year-on-year slump in June owing to maintenances.

July exports rose by 16pc on the month to 1.61mn t, according to Pilbara Ports Authority (PPA) on 17 August, reflecting a ramp-up in operations at 4.9mn t/yr Pluto LNG after a four-week maintenance window that ended on 19 June. But this figure was 17pc below the 1.95mn t a year earlier, and remains below the 1.77mn t/month nameplate capacity of the 16.3mn t/yr North West Shelf (NWS) LNG terminal and Pluto LNG, both of which are operated by Australian independent Woodside Energy.

The capacity impact of the Pluto maintenance was 13,415 t/d or around 254,000t for the period, with the shutdown to prepare Pluto for process gas from the $12bn Scarborough field from 2026. Woodside is also building a second train at Pluto to process the additional gas, and the firm last week sold a 10pc stake in Scarborough to LNG Japan.

Demand was lower in several countries for July, with Japan's deliveries from non-specified regions including Australia dropping by 7pc on the year to 2.6mn t during the month. Sufficient electricity supply from nuclear generation dampened Japan's demand for imported gas in July. But Taiwan's shipments from Australia, its largest LNG supplier, rose by18pc on the month to meet peak summer demand for electricity.

Australia's east coast port of Gladstone, which also supplies mostly export data, shipped 1.8mn t for the month. This means that 3.41mn t of exports left the five terminals that ship from the two ports during the month, up from 3.26mn t in June but below the 3.59mn t shipped in July 2022.

Port Dampier LNG exports (mn t)
PeriodVolumes
July '231.61
Jun '231.39
Jul '221.95
Jan-Jul '2311.54
Jan-Jul '2211.78
Y % ±-17
M % ±16
2023 YTD vs 2022 YTD % ±-2

Teilen
Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more