Australian energy quarterly report update

Queensland LNG export demand fell to its lowest Q4 level since 2018, caused by a significant decrease from QCLNG, which experienced multiple train outages during the quarter. It is the first time since Q4 2017 that QCLNG exported under 100 PJ in a quarter, and was the first time since the same quarter that Gladstone Liquefied Natural Gas (GLNG) exported more than QCLNG.