Liquefied natural gas, or LNG, has emerged as a game-changer in the energy landscape. This versatile fuel, created by cooling natural gas to a frigid -260°C (-436°F), transforms from a gas into a liquid, enabling its efficient transportation over long distances.
LNG offers several key advantages over traditional natural gas:
The global demand for LNG has been steadily increasing in recent years, driven by several factors:
Growing energy demand: As the global population and economic activity continue to rise, the demand for clean and reliable energy sources also increases.
Declining costs: Technological advancements have led to more efficient and cost-effective liquefaction and transportation processes, making LNG increasingly competitive.
Environmental concerns: The cleaner burning nature of natural gas, compared to other fossil fuels, makes it an attractive option for countries seeking to reduce emissions and meet environmental targets
While LNG offers a cleaner solution compared to traditional fossil fuels, concerns about its environmental impact remain. The process of liquefaction and regasification requires energy, and methane leakages throughout the supply chain can contribute to greenhouse gas emissions.
