Australia is a net exporter of coal, LPG, natural gas and uranium. In 2001-02 a total of 10,601 PJ of Australian energy products were exported, comprising 10,474 PJ of primary energy and 127 PJ of derived energy (table 17.9). In terms of energy content, the largest contributors were black coal (53% of total energy exports) and uranium (33%). Crude oil and natural gas contributed 8% and 4%, respectively. Total energy exports (primary plus derived) increased by 63% from 1991-92 to 2001-02. In this period exports of primary energy products grew rapidly, particularly uranium (up 56%) and black coal (up 61%). The major derived energy products exported in 2001-02 were aviation turbine fuel (20.2 PJ), diesel (36.6 PJ) and automotive gasoline (40.6 PJ).
In contrast, imports of energy products are small (1,223 in 2001-02). Australia is a net importer of crude oil, importing over 1,000 PJ in 2001-02, up 78% since 1991-92. Graph 17.10 shows the sharp contrast between exports of energy products from and imports of these products into Australia over the past 25 years. The decrease in total exports of energy products between 2000-01 and 2001-02 is largely due to a fall in uranium exports.
17.9 ENERGY PRODUCTS, Volume of exports and imports
|
| | Exports | Imports |
| |
|
|
| | 1991-92 | 1996-97 | 2001-02 | 1991-92 | 1996-97 | 2001-02 |
| | PJ | PJ | PJ | PJ | PJ | PJ |
|
Primary energy products | | | | | | |
| Black coal | 3,502.2 | 4,147.2 | 5,630.3 | - | - | - |
| Crude oil and ORF(a) | 332.0 | 458.8 | 885.6 | 593.3 | 958.5 | 1,056.8 |
| LPG | 41.6 | 64.1 | 82.5 | 1.2 | 14.9 | 15.1 |
| Liquified natural gas | 253.5 | 407.2 | 413.4 | - | - | - |
| Uranium | 2,222.6 | 2,679.5 | 3,462.5 | - | - | - |
| Total | 6,351.9 | 7,756.8 | 10,474.3 | 594.5 | 973.4 | 1,071.9 |
Derived energy products | | | | | | |
| Automotive gasoline | 23.7 | 43.6 | 40.6 | 7.0 | 36.7 | 49.1 |
| Aviation gasoline | 5.2 | 2.3 | 2.3 | - | - | 0.2 |
| Aviation turbine fuel | 9.1 | 25.7 | 20.2 | 3.8 | 11.0 | 8.3 |
| ADO and IDF(b) | 32.1 | 52.6 | 36.6 | 15.0 | 36.8 | 49.4 |
| Fuel oil and kerosene | 46.8 | 38.2 | 11.7 | 37.4 | 32.1 | 22.7 |
| Other petroleum products(c) | 28.4 | 35.9 | 13.2 | 19.1 | 19.1 | 21.7 |
| Briquettes | 1.8 | 2.1 | - | - | - | - |
| Coke | 19.6 | 8.9 | 2.2 | - | - | - |
| Total | 166.7 | 209.3 | 126.8 | 82.3 | 135.7 | 151.4 |
Total | 6,518.6 | 7,966.1 | 10,601.1 | 676.8 | 1,109.1 | 1,223.4 |
|
(a) Other refinery feedstock (ORF).
(b) Automotive diesel oil (ADO) and industrial diesel fuel (IDF).
(c) Also includes lubricants and greases, bitumen and other bitumous products, solvents, waste oils and diesel.
Source: ABARE, electronic datasets, Table J. |
Table 17.11 shows energy products contributed significantly to Australia's export earnings. In 2001-02 the export of energy products contributed about 20% towards Australia's total merchandise export earnings, up from 16% in 1996-97. Black coal accounts for the largest share of the total value of energy exports (54% in 2001-02), followed by crude oil (26%) and LNG (11%). While accounting for a third of all exports by energy content, the value of uranium exports contributed only 1.5% of the total value of energy exports in 2001-02. Imports of energy products (mainly crude oil) accounted for 8% of the total value of imports in 2001-02. Although the quantity of energy exports (by energy content) has increased by 33% from 1996-97 to 2001-02, the value of energy exports increased by 85%, partly due to the decline of the Australian dollar relative to the US dollar in that period.
17.11 ENERGY PRODUCTS, Value of exports and imports
|
| Exports | Imports |
|
|
|
| 1996-97 | 2001-02 | 1996-97 | 2001-02 |
Fuel | $m | $m | $m | $m |
|
Black coal(a) | 7,932 | 13,332 | - | - |
Crude oil and ORF(b) | 2,119 | 6,390 | 4,233 | 7,458 |
Liquified petroleum gas | 356 | 721 | 87 | 116 |
Liquified natural gas | 1,537 | 2,613 | - | - |
Uranium oxide | 245 | 361 | - | - |
Refinery products | 1,147 | 1,234 | 867 | 1,815 |
Total | 13,336 | 24,651 | 5,187 | 9,389 |
Total merchandise trade | (c)84,842 | 121,176 | (c)83,445 | 119,681 |
|
(a) Coking plus steaming.
(b) Other refinery feedstock (ORF).
(c) Year ended December 1997.
Source: International Merchandise Trade, Australia (5422.0); ABARE 2003. |