How much natural gas does Australia produce and export?
Australia is the nullth largest producer of natural gas: 149 billion cubic metres in 2025, 3.5% of the world's 4,196 billion cubic metres (Energy Institute). It is the 3rd largest exporter by value: $49 billion in 2024, 10% of world exports of natural gas including LNG (HS 2711) (CEPII BACI). Its biggest customer is Japan, which takes 34% of its natural gas exports by value.
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Australia's natural gas production
| World rank | Production (billion cubic metres) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 149 billion cubic metres | 3.5% | +7.2% a year | 2025 |
Energy Institute Statistical Review of World Energy, Statistical Review 2026.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2025 |
|---|---|---|---|---|
| 1% | 1.3% | 1.7% | 3.8% | 3.5% |
Australia's natural gas exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 3 | $49 billion | 10% | 81.3 million t | $603 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 2711 (Petroleum gases and other gaseous hydrocarbons).
Where Australia's natural gas goes
| Destination | Value | Share of Australia's exports |
|---|---|---|
| Japan | $16.6B | 34% |
| China | $15.4B | 31% |
| South Korea | $7.2B | 15% |
| Other Asia, nes | $4.8B | 9.9% |
| Malaysia | $1.8B | 3.7% |
The natural gas price Australia sells into
The benchmark price, US Henry Hub, was $2.95/MMBtu in September 2026, down 1% over twelve months. Its five-year volatility is 75% a year, calmer in 97% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Natural gas price history.
Cite as: Commodity Origins, "Australia natural gas: production, exports and prices", https://commodityorigins.com/countries/AUS/natural-gas/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.