Insights

What is LNG?

Liquified natural gas, commonly known as LNG, is natural gas in its liquid state. This is achieved by cooling natural gas to -162°C (-260°F). It is a clear, colourless, non-corrosive, and non-toxic liquid. Through the liquefaction process, the volume of the gas is reduced approximately 600 times. LNG then undergoes the regasification process at import …

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What does Russia’s invasion of Ukraine mean for the future of gas?

Gas prices are rising sharply around the world. After the Covid-19 pandemic, a global resurgence in demand for energy emerged. But all too quickly, depleted storage and supply chain bottlenecks meant providers struggled to keep pace with demand, and the price at the tanks inched higher. Yet, in February 2022, the world would witness more …

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The Future of LNG

Over the next five years, the liquified natural gas (LNG) industry will need to continuously adapt and evolve to navigate market changes and the advent of new technologies. Demand for lower-carbon energy is set to soar as the global population skyrockets, developing economies grow, and calls for climate action increase. Given these factors, LNG is …

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