{"id":1158355,"date":"2020-01-06T15:38:20","date_gmt":"2020-01-06T21:38:20","guid":{"rendered":"https:\/\/www.mining.com\/?p=1010547"},"modified":"2020-01-06T15:38:20","modified_gmt":"2020-01-06T21:38:20","slug":"australia-takes-crown-as-worlds-top-lng-exporter","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1158355","title":{"rendered":"Australia takes crown as world\u2019s top LNG exporter"},"content":{"rendered":"<p>Australia has officially become the world\u2019s largest exporter of liquefied natural gas (LNG) on an annualized basis, overtaking the previous titleholder Qatar.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>According to figures released by Australian-based energy consultancy EnergyQuest, the country shipped 77.5Mt of locally produced LNG in 2019 \u2013 an 11.4% increase over the previous calendar year.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"alignright is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/pix-Dr-Graeme-Bethune-sitting-849x1024.jpg\" alt=\"\" class=\"wp-image-1010553\" width=\"329\" height=\"397\" srcset=\"https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/pix-Dr-Graeme-Bethune-sitting-849x1024.jpg 849w, https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/pix-Dr-Graeme-Bethune-sitting-249x300.jpg 249w, https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/pix-Dr-Graeme-Bethune-sitting-768x926.jpg 768w\" sizes=\"(max-width: 329px) 100vw, 329px\" \/><figcaption> EnergyQuest chief executive Graeme Bethune<\/figcaption><\/figure>\n<\/div>\n<p>\u201cOn an annualized basis, we have previously achieved the global title in some individual months, but 2019 is the first time Australia has topped global LNG export performance on a sustained annual basis,\u201d EnergyQuest\u00a0chief executive Dr. Graeme Bethune stated.<\/p>\n<p>While final production figures for Qatar \u2013 now the second-largest exporter \u2013 are yet to be released, Australia&#8217;s operational capacity of 88Mt now substantially exceeds the 77Mt of its Middle Eastern rival, according to EnergyQuest&#8217;s analysis. Qatar&#8217;s LNG production forecast was 75Mt in 2019.<\/p>\n<p>Australian LNG exports were also more than twice those of the United States, the world\u2019s other fast-growing LNG producer. The US Energy Information Administration expects the nation to have exported 34.3 million tonnes last year.<\/p>\n<p>Western Australia continued to dominate the country\u2019s LNG output at 57% of the national total, with Queensland garnering 29% of those exports. The largest contributing project was the North West Shelf project operated by Woodside, followed by the Gorgon and Wheatstone projects operated by Chevron.<\/p>\n<p>The largest percentage growth was the Ichthys project operated by Japan\u2019s INPEX in the Northern Territory, producing 7.5Mt in 2019 \u2013 up 900% in a year from its commissioning volumes in 2018.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>The country shipped 77.5Mt of locally produced LNG in 2019 \u2013 an 11.4% increase over the previous calendar year<\/p>\n<\/blockquote>\n<\/figure>\n<p>Western Australia alone is now the world\u2019s second largest LNG producer, with Queensland ranked at sixth. The new data also underpins the emergence of the Northern Territory as the third force in Australian LNG, producing 14% of its 2019 exports.<\/p>\n<p>EnergyQuest analysts estimated that Australian LNG export revenue reached A$49.0 billion in 2019, up from A$43.3 billion in 2018 and A$9.4 billion a decade ago in 2010 at the start of the Australian LNG development boom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is the first time Australia has topped global LNG export performance on a sustained annual basis.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1035,2849,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1158355"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1158355"}],"version-history":[{"count":4,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1158355\/revisions"}],"predecessor-version":[{"id":1158373,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1158355\/revisions\/1158373"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1158355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1158355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1158355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}