Export revenue

In 2015-16, Australia exported 37 million tonnes of LNG with a value of $16.55 billion.

The country’s country’s 2015-16 production was 48% higher than 2014-15 production.

LNG export markets

Australia’s major LNG markets are Japan, China and South Korea. Taiwan is also a customer and India is an important emerging market.

Several other Asian nations with declining gas production and rapidly growing gas consumption could become buyers of Australian LNG before the end of the decade.

LNG_Export_Markets_598

2020 vision

Australia is now the world’s second-largest LNG exporter. It will become the world’s largest LNG exporter by 2020.