EXPORTS – QUEENSLAND

LNG riding out virus but risks remain

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 21 : 5-Mar-20

Data from EnergyEdge shows that the Queensland Curtis LNG project’s shipments have fallen by six per cent so far in 2020, while Australia Pacific LNG’s export volumes are down two per cent. EnergyEdge says this is partly due to the Queensland government’s restrictions on port access by Chinese bulk carriers. EnergyEdge expects the Santos-backed Gladstone LNG venture to record an 18 per cent increase in shipments for the March quarter. GLNG does not have any customers in China, although coronavirus-hit South Korea accounts for 47 per cent of its shipments.

CORPORATES
ENERGYEDGE, QUEENSLAND CURTIS LNG PTY LTD, AUSTRALIA PACIFIC LNG LIMITED, GLADSTONE LNG PTY LTD, SANTOS LIMITED – ASX STO, ROYAL DUTCH SHELL PLC, ORIGIN ENERGY LIMITED – ASX ORG

Record LNG exports, but prices falling

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Original article by Paul Garvey
The Australian – Page: 13 : 9-Jan-19

The Gladstone LNG, Australia Pacific LNG and Queensland Curtis LNG projects’ export volumes rose to a record 5.4 million tonnes during the December quarter. Queensland Resources Council CEO Ian Macfarlane says the oil and gas industry contributed $8.2bn to the economy in 2017-18. Meanwhile, Saul Kavonic of Credit Suisse says declining gas production in Bass Strait has been the key contributor to rising gas prices on the east coast, and that prices would have risen much more if the three Queensland LNG projects did not sell gas into the domestic market.

CORPORATES
GLADSTONE LNG PTY LTD, AUSTRALIA PACIFIC LNG LIMITED, QUEENSLAND CURTIS LNG PTY LTD, QUEENSLAND RESOURCES COUNCIL LIMITED, CREDIT SUISSE (AUSTRALIA) LIMITED, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, CONOCOPHILLIPS, ROYAL DUTCH SHELL PLC, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AGL ENERGY LIMITED – ASX AGL, ENERGYAUSTRALIA PTY LTD, WOOD MACKENZIE

Premier pledges coal supply to wary Japan

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Original article by Jared Owens
The Australian – Page: 6 : 31-May-18

The Queensland Government has assured Japanese steel mills that a dispute between Aurizon Holdings and coal producers will not affect the state’s coal shipments. Premier Annastacia Palaszczuk has held talks with Japan’s Foreign Minister, Taro Kono, after warnings from some coal buyers that the dispute could prompt them to seek alternative suppliers. Palaszczuk and Queensland Resources Council CEO Ian Macfarlane have both urged Aurizon to engage with the Queensland Competition Authority to resolve the impasse.

CORPORATES
QUEENSLAND. DEPT OF THE PREMIER AND CABINET, AURIZON HOLDINGS LIMITED – ASX AZJ, JAPAN. MINISTRY OF FOREIGN AFFAIRS, QUEENSLAND. COMPETITION AUTHORITY, QUEENSLAND RESOURCES COUNCIL LIMITED, NIPPON STEEL AND SUMITOMO METAL CORPORATION

Japan coal threat could cost jobs and billions

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Original article by Jared Owens, Matt Chambers
The Australian – Page: 1 & 2 : 30-May-18

Nippon Steel & Sumitomo Metal Corporation recently warned the Queensland Government that it may be forced to find alternative sources for coal due to a dispute between Aurizon Holdings and coal producers. It centres on the Queensland Competition Authority’s draft ruling on Aurizon’s coal rail network. Aurizon estimates that the ruling could reduce its coal haulage volumes by up to 20 million tonnes a year. Premier Annastacia Palaszczuk will give assurances to Japanese steel buyers that the state’s coal shipments will not be affected.

CORPORATES
AURIZON HOLDINGS LIMITED – ASX AZJ, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, NIPPON STEEL AND SUMITOMO METAL CORPORATION, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, GLENCORE PLC, QUEENSLAND. COMPETITION AUTHORITY, QUEENSLAND RESOURCES COUNCIL LIMITED, LIBERAL-NATIONAL PARTY OF QUEENSLAND

LNG exports post $1.9bn record

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Original article by Matt Chambers
The Australian – Page: 19 & 22 : 30-Jan-17

Data from the Australian Bureau of Statistics shows that the nation’s revenue from LNG exports rose from $US1.39bn in July 2016 to $A1.9bn in November. Meanwhile, the three LNG plants in Queensland shipped 1.75 million tonnes via the Port of Gladstone in December, compared with 1.5 million tonnes in October. Chevron CEO John Watson has indicated that the second production train at the Gorgon LNG project has reached 90 per cent of capacity, while the third train is likely to commence production in the June 2017 quarter.

CORPORATES
CHEVRON CORPORATION, GORGON LNG, AUSTRALIAN BUREAU OF STATISTICS, ORIGIN ENERGY LIMITED – ASX ORG, AUSTRALIA PACIFIC LNG LIMITED, CONOCOPHILLIPS, PORT OF GLADSTONE, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, AUSTRALIA. DEPT OF THE TREASURY, BP PLC, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Origin ships first LNG from Gladstone

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 12-Jan-16

Bulk cargo carrier "Methane Spirit" has left Gladstone with the first shipment from Origin Energy’s Australia Pacific LNG project in Queensland. The first shipment had been slated for late December 2015, but the tanker eventually left Curtis Island on 9 January 2016. The majority of gas from the $A24.7bn project has been bought by Sinopec, while other customers include Kansai Electric. APLNG was the last of the three Gladstone LNG projects to commence production.

CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, AUSTRALIA PACIFIC LNG LIMITED, KANSAI ELECTRIC POWER COMPANY INCORPORATED, SANTOS LIMITED – ASX STO, BG GROUP PLC, BECHTEL INTERNATIONAL INCORPORATED, AUSTRALIAN PETROLEUM PRODUCTION AND EXPLORATION ASSOCIATION LIMITED, CONOCOPHILLIPS

Origin finally nears first APLNG shipment

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 8-Jan-16

Bulk cargo carrier "Methane Spirit" will shortly leave the Port of Gladstone with the first shipment from Origin Energy’s Australia Pacific LNG project on Curtis Island in Queensland. Origin has pushed back the deadline for commencing exports from the $A24.7bn project several times. The first shipment was originally slated for mid-2015, but production did not start until December and Origin subsequently advised that exports would begin by the end of 2015.

CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, AUSTRALIA PACIFIC LNG LIMITED, CONOCOPHILLIPS, GLADSTONE PORTS CORPORATION LIMITED, SINOPEC CORPORATION, SANTOS LIMITED – ASX STO, BG GROUP PLC