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Liquefied Natural Gas

Liquefied natural gas (LNG) is natural gas that has been cooled to approximately minus 162 °C, transforming it from a gaseous state into a liquid for ease of storage and transportation. The liquefaction process reduces the volume of natural gas by about 600 times, making it economically viable to ship across oceans where pipeline infrastructure is impractical or unavailable. LNG is transported in specially designed cryogenic tankers and regasified at import terminals before being distributed through pipeline networks to end users. The global LNG industry has grown substantially since the 1960s, with major exporting nations including Qatar, Australia, the United States, Russia and Malaysia, while key importers include Japan, China, South Korea and European nations. LNG serves as a critical fuel for power generation, industrial processes and increasingly as a marine fuel, and is often positioned as a transitional energy source in the shift away from coal and oil. The industry requires significant capital investment in liquefaction plants, shipping fleets and regasification terminals, with projects typically structured around long-term supply contracts. LNG prices are influenced by regional gas market dynamics, oil price indexation in some contracts, shipping costs and geopolitical factors affecting supply security. Environmental considerations include methane emissions during production and transport, though LNG combustion produces lower carbon emissions than coal or oil. The sector faces growing scrutiny regarding its role in energy transition strategies, with debate over whether it represents a bridge fuel or a lock-in to fossil fuel infrastructure.

Liquefied Natural Gas News


BIDS SOUGHT: A request for proposals has been issued by Transnet National Ports Authority for a small- to medium-scale liquefied natural gas terminal at the Port of East London, pictured. The terminal operator will be expected to design, finance, develop, construct, operate, and maintain the terminal under a 25-year concession agreement, and transfer the asset at the end of the period. A greenfield site of about 8 900 m² in size, and located within the port’s West Bank precinct, has been earmarked for the development.
BIDS SOUGHT
2nd October 2026

A request for proposals has been issued by the Transnet National Ports Authority for a small-to-medium scale liquefied natural gas terminal at the Port of East London, pictured. The terminal... 


An image of the RMG RGQ 5
Quality data key to managing  transition
2nd October 2026

As South Africa prepares for a transition from declining Mozambican natural gas to a proposed methane rich gas (MRG) bridge, with liquefied natural gas (LNG) and renewable gases potentially... 


Shell's LNG Canada facility in British Columbia
Shell-led LNG Canada greenlights Phase 2 expansion, doubling export capacity
29th September 2026 By: Reuters

Shell and its partners on Tuesday gave the green light to a LNG Canada Phase 2 expansion in Kitimat, British Columbia, a multi-billion-dollar bet that will double the facility's production capacity... 


South Africa urged to take action as 300 industrial buyers face gas cliff
South Africa urged to take action as 300 industrial buyers face gas cliff
23rd September 2026 By: Sabrina Jardim

Industrial Gas Users Association-South Africa (IGUA-SA) executive officer Jaco Human is warning that the country is already stepping off a “gas cliff” – precipitated by waning supply from... 


Lithium site in Argentina
US to fund $7bn of Argentina mineral, energy projects, document shows
23rd September 2026 By: Reuters

The US Export-Import Bank plans to fund up to $7-billion worth of critical minerals and energy projects in Argentina, according to a document seen by Reuters, as part of a push to deepen economic... 


French flag
Canada sees scope for France LNG partnership, Minister says
22nd September 2026 By: Reuters

Canada could pursue an energy partnership with France involving liquefied natural gas (LNG) from its Pacific coast, Canadian Foreign Minister Anita Anand said on Monday, a day after leaders of the... 


LNG tanks
LNG buyers and sellers seek greater supply diversity amid Iran war
21st September 2026 By: Reuters

Liquefied natural gas (LNG) buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf shipments, with importers seeking alternatives for the fuel from other suppliers... 


LNG vessel in Canada
Canada optimistic about concluding trade talks with India by year-end, minister says
21st September 2026 By: Reuters

Canada is optimistic about concluding negotiations on a comprehensive economic partnership agreement (CEPA) with India by year-end, the country's Minister for International Trade said on Saturday.... 


France President Emmanuel Macron
France's Macron hails new chapter in Canada ties, eyes gas deals
21st September 2026 By: Reuters

President Emmanuel Macron on Sunday welcomed a new chapter in ties with Canada after the two countries agreed to forge deeper ties with the French leader saying bilateral talks were opening to see... 


Methane gas
Amnesty International Canada warns against fossil fuel subsidisation with Canada's new 'mega deduction' tax initiative
18th September 2026 By: Marleny Arnoldi

Human rights organisation Amnesty International Canada has warned that the Canadian government must not embrace a programme of “race-to-the-bottom” corporate tax cuts that threaten human rights and... 


LNG Canada facility
Shell-led LNG Canada could approve Phase 2 expansion by early October, sources say
18th September 2026 By: Reuters

Partners in the Shell-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion as early as next month, three people familiar with the matter told Reuters. The... 


Santos MD and CEO Kevin Gallagher
Australia's Santos signs two separate LNG agreements with POSCO Steel and Western LNG
15th September 2026 By: Reuters

Australia's Santos said on Tuesday it signed a liquefied natural gas (LNG) supply agreement with POSCO Steel and a purchase agreement with Western LNG. Santos will supply LNG to POSCO Steel on a... 


An image of the elemental numerics development team
Specialised software developer launches flagship aerospace product
11th September 2026 By: Nadine Ramdass

Through its partnership with the University of Cape Town (UCT), software developer Elemental Numerics has completed the commercialisation of its first major software product AlphaFlow, which was... 


Ulan coal mine in Australia
Global coal demand forecast to rise by 1.2% in 2026 to a record 8.94bn tonnes due to Middle East conflict, IEA says
10th September 2026 By: Reuters

Global coal demand is forecast to rise by 1.2% in 2026 to a record 8.94-billion tonnes due to the Middle East conflict, the International Energy Agency (IEA) said on Thursday. Disruptions to oil... 


A shale gas project in Australia
Australia's shale players say they've learnt from mistakes made in the LNG boom
4th September 2026 By: Reuters

Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas (LNG) boom in the State of Queensland, but without the duplication of infrastructure... 


Naimon Capital executive director Roland Tatnall
Conflating power and gas cliffs will lead to sub-optimal outcomes, energy specialist warns
4th September 2026 By: Terence Creamer

South Africa’s response to the gas-supply cliff, which will arise as supply to industrial users from Mozambique falls away later this decade, should be treated separately from the country’s moves... 


Australia's Beetaloo Basin
Australia's new shale basin Beetaloo sends first gas to market
1st September 2026 By: Reuters

Developers of Australia's Beetaloo basin sent the first gas from the project north to Darwin on Tuesday in what they hope will demonstrate steady flows that can underpin wider commercialisation of... 


An image of an offshore gas rig
Greater PAJ project, Angola
28th August 2026 By: Sheila Barradas

The Greater PAJ project is Angola’s first integrated cross-block development. It is an offshore oil development integrating hydrocarbon resources across two adjacent concessions and brings... 


The above image depicts members of the USTDA and Powergas Nigeria
LNG technology improves energy access in Nigeria
28th August 2026

To strengthen energy access and security in northern Nigeria, US government agency, the US Trade and Development Agency (USTDA) is supporting the deployment of US liquefied natural gas (LNG)... 


Solar panels at a mine in South Africa
South African miners accelerate shift to renewable power to cut Eskom reliance
26th August 2026 By: Reuters

South Africa's mining firms are accelerating investment in renewable energy as they seek to diversify power sources, cut costs and meet decarbonisation targets, marking a shift after decades of... 


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pqt: 0.092s - ct: 0.146s - 275pq - 2rq
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