Australia No.1 exporter of LNG


Australia has overtaken Qatar to become the world's top exporter of liquefied natural gas, shipping 77.5 million tonnes in 2019 with an export value of $49 billion as the fuel becomes increasingly important in the global energy mix.

The Sydney Morning Herald is reporting that the figures, released o by energy consultancy EnergyQuest, show Australia's liquefied natural gas (LNG) shipments for the 2019 calendar year increased 11.4 per cent on the previous year's exports, primarily due to the growth in the Ichthys project operated by Japan's INPEX in the Timor sea.

The surge follows a succession of massive LNG projects to begin production in Australia in the past decade including by ASX-listed Woodside Petroleum and Santos and other global operators such as Royal Dutch Shell and Chevron.

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