Record LNG Exports leave Gladstone in FY21

Gladstone Ports Corporation (GPC) shipping data has revealed that despite the impacts of COVID-19, an annual record of Liquefied Natural Gas (LNG) has been shipped from Gladstone during the 2021 Financial Year (FY21).

Queensland exported more than 23 million tonnes (349 shiploads) of the super-chilled fuel during FY21 – a 3.72% increase (15 shiploads) compared to FY20.

The LNG was exported from the three Gladstone LNG terminals on Curtis Island, which is home to the 9 million mt/year nameplate capacity Origin-ConocoPhillips-Sinopec Australia Pacific LNG, the 7.8 million mt/year nameplate Santos-led Gladstone LNG, and Shell’s 8.5 million mt/year Queensland Curtis LNG.

Treasurer and Minister for Investment Cameron Dick said “These export volumes have provided a huge boost to our economy and have allowed us to invest even more in services, infrastructure and jobs as part of the COVID-19 Economic Recovery Budget I handed down last month.

“This result is also a credit to all the Queenslanders in Gladstone and across our state who are operating our ports and making sure our exports continue to ship out, no matter what challenges lay ahead.”

Minister for Resources Scott Stewart said the gas sector is a critical contributor to the economy and the industry supports thousands of jobs.

“Not only does the gas sector create direct jobs but the positive flow-on effects are evident in the indirect jobs it enables downstream in the energy and manufacturing sectors,” Mr Stewart said.

“Queensland continues to do the heavy lifting on supplying domestic gas.

“The Palaszczuk Government has released more than 80,000 square kilometres of land for gas exploration since 2015 with over a quarter of the gas guaranteed for Australian consumers.”

For more information on Gladstone Port Trade Statistics: www.gpcl.com.au

To view the Joint Ministerial Media Statement: https://statements.qld.gov.au/statements/92592

Who are the GasFields Commission Queensland?

Established as an independent statutory body in 2013, the Commission’s purpose is to manage and improve the sustainable coexistence of landholders, regional communities and the onshore gas industry in Queensland. The Commission manages sustainable coexistence in petroleum and gas producing regions of Queensland, and will continue to do so as the industry expands into new and emerging basins.

Our vision is to achieve thriving communities in areas of gas development that are free from discord and supported by well-informed, respectful and balanced stakeholder relationships.

One way the Commission is endeavouring to realise this vision is by providing transparency and independent assurances that the onshore gas industry is appropriately regulated and held to account when needed. This in turn will help cultivate sustainable coexistence, whilst ensuring community and landholder confidence in the regulators and gas industry increases.

Drawing on its wealth of experience in the development of the gas industry and by collaborating with other relevant entities, the Commission provides a range of support to communities and landholders, primarily through education and engagement. These education and engagement activities occur with individual landholders via Commission facilitated webinars, information sessions, publications (The Gas Guide, Shared Landscapes Reports), face-to-face meetings and public workshops.

It should be noted that the Commission does not engage in individual negotiations between landholders and gas companies, but rather provides communities and landholders with the information and support they need to make informed decisions and achieve good outcomes.