By Jackson Chen
Australia has officially become the world’s largest exporter of liquefied natural gas (LNG) on an annualized basis, overtaking the previous titleholder Qatar.
According to figures released by Australian-based energy consultancy EnergyQuest, the country shipped 77.5Mt of locally produced LNG in 2019 – an 11.4% increase over the previous calendar year.
“On 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,” EnergyQuest chief executive Dr. Graeme Bethune stated.
While final production figures for Qatar – now the second-largest exporter – are yet to be released, Australia’s operational capacity of 88Mt now substantially exceeds the 77Mt of its Middle Eastern rival, according to EnergyQuest’s analysis. Qatar’s LNG production forecast was 75Mt in 2019.