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LNG

LNG (Liquefied Natual Gas) is the most efficient method of transporting natural gas over long distances. The technology was developed during last century 50's and 60's and reached maturity during 1970's, with the development of many natural gas liquefaction projects near the production areas, and LNG regasification projects in the consuming areas. LNG currently accounts for 8% of world gas trade. There are 32 liquefaction plants and 81 regasification terminals in the world, with a significant number of new projects in various stages of development. The evolution of LNG trade will continue in the near future, when LNG will represent about 12% of global gas trade in 2030, according to forecasts from the International Energy Agency.

What is LNG?

LNG is a mixture of light hydrocarbons (natural gas) in liquid state, having been subjected to a process of cooling and condensation down to cryogenic temperatures, about minus 165 degrees Celsius....

LNG Value Chain

LNG provides an efficient way of transporting energy from reservoir to end-consumer. Natural gas as is subject to several successive processes forming the called LNG Value...

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