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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


Gas from coal seam
Australia’s Jade Gas secures country-first approval of gassy coal seam reserves in Mongolia
1st June 2026 By: Marleny Arnoldi

ASX-listed Jade Gas Holdings has announced approval of its maiden reserves by the Mongolian Minerals Reserves Council (MRC) for its Tavan Tolgoi Coal Bed Methane (TTCBM) project, representing the... 



Sasol's destoning plant
Report highlights challenges, risks facing Sasol amid the just energy transition
29th May 2026 By: Sabrina Jardim

As the world embraces a just energy transition, petrochemicals giant Sasol stands at a critical crossroads as one of South Africa's largest industrial employers and a key pillar of South Africa's... 


LNG vessel at sea
Canada inks first LNG supply agreement with Germany's SEFE for British Columbia project
28th May 2026 By: Reuters

Canada and Germany’s State-owned energy firm SEFE said on Wednesday they had reached what Canada described as its first liquefied natural gas (LNG) supply deal with a European buyer, underscoring... 


Truck in coalfield
Deep under China's coal basins, PetroChina is unlocking gas from rocks
22nd May 2026 By: Reuters

Thousands of metres below its vast coal basins, China is tapping an unconventional fuel source in a multi-billion-dollar effort to unleash new supplies of natural gas and further Beijing's goal for... 


GLNG Santos plant
Australian energy producers say gas review falls short on supply goals
19th May 2026 By: Reuters

Australian Energy Producers (AEP) chairperson Cecile Wake said on Tuesday that the government's gas market review falls short of its objective to boost supply. "We must avoid the 'false choice'... 


A image of the component (valve)
Cryogenic valve targets leakage, energy loss
15th May 2026

Aimed at reducing leakage and limiting energy loss in industrial processes, US-based industrial technology company Emerson Electric Co has introduced a new cryogenic top-entry control valve for... 


Woodside's offices in Perth
Woodside Energy's delayed Browse LNG project expected to cost $35bn
11th May 2026 By: Reuters

Woodside Energy's long-delayed Browse liquefied natural gas project is now expected to cost A$48.7-billion ($35.2-billion), according to a new report commissioned by the company. The proposal to... 


Gas exploration in Australia
Australia offers first gas exploration permits in a decade
29th April 2026 By: Reuters

Australia’s New South Wales opened its first new areas for gas exploration in a decade on April 29, slashing application fees from A$50 000, or $35 815, to A$1 000 in a bid to revive a domestic... 


LNG vessel
Middle East war could cause 120 bcm of LNG supply loss from 2026 to 2030 - IEA
24th April 2026 By: Reuters

The Middle East conflict could result in the loss of around 120-billion cubic metres (bcm) of cumulative liquefied natural gas (LNG) supply between 2026 and 2030, or 15% of expected global supply,... 


a green gas engine
Gas supply constraints stall power transition
24th April 2026 By: Devina Haripersad

Securing reliable, long-term gas supply is the main constraint to expanding gas-to-power and industrial energy solutions in South Africa, says electrical power solutions provider Clarke Energy... 


Coal stockpiles in China
China revives coal-to-gas projects as energy security frays
20th April 2026 By: Bloomberg

A high-profile Chinese coal-to-gas venture that lay dormant for over a decade is set to launch this year, as part of a wave of investments that will allow Beijing to mitigate threats to fuel supply... 


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pqt: 0.058s - ct: 0.747s - 205pq - 2rq
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