Gladstone exports record LNG in December

GLADSTONE exported 2.19 million tonnes of LNG in December a record, GPC acting CEO Craig Walker said. 

LNG shipments from the port for 2020 reached high of 22.4 million tonnes, up from 22.1 million tonnes in 2019. 

This result came despite a weak July-September quarter because of low demand in key markets related to Covid-19 impacts, the port corporation said. 

Australian LNG export prices have more than doubled since late November to the highest level in more than five years, following increases in northeast Asian buying prices. 

From October to December, total LNG exports from Port of Gladstone have been more than 2 million tonnes, increasing to 2.19 million tonnes in December 

Mr Walker said, “On top of this, our internationally accredited pilotage service worked extremely hard over the festive month, safely completing 426 movements – also a new record for GPC”. 

GPC has several projects on the slate for 2021, including the facilitating trade in hydrogen, replacing a 40-year-old shiploader at the RG Tanna Coal Terminal and building new waterfront walkways for the community. 

“These projects will facilitate prosperity for our region and state through the creation of jobs while maintaining trade facilitation,” Mr Walker said. 

“At GPC, we’re remaining focused on intergenerational thinking, planning and strategy. We’re continuing to invest in important infrastructure projects to support operations for the next 50 years.”