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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 flaring
Conservative party wins first election in nearly a century in British Columbia
26th October 2026 By: Reuters

The opposition Conservative Party won an election in the Canadian province of British Columbia for the first time in nearly 100 years, promising to ramp up liquefied natural gas production,... 


Magazine Cover image
Roadmap outlined to turn gas supply crisis into transformative opportunity
23rd October 2026 By: Sabrina Jardim

As South Africa faces a gas cliff – precipitated by waning supply from Mozambique’s Pande and Temane fields – some in the local gas sector believe the challenge could be leveraged to help transform... 


Canadian Prime Minister Mark Carney
Canada, Türkiye set to sign pledge during Carney visit to deepen defence, energy ties, source says
21st October 2026 By: Reuters

NATO allies Canada and Türkiye are expected to sign a joint declaration aimed at deepening bilateral cooperation in four areas, including defence and energy, during Prime Minister Mark Carney's... 


Woodside's Pluto LNG operation
Woodside Energy trims output forecast, to pull back from US ammonia project
21st October 2026 By: Reuters

Australia's Woodside Energy on Wednesday trimmed the top end of its annual production forecast and said it would scale back its investment in a lower-carbon ammonia project in the US owing to... 


Boats and ships near the Strait of Hormuz
Hormuz could be 'redundant' in five years, replaced by new routes, HSBC CEO says
20th October 2026 By: Reuters

Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz "redundant" in the next five years, HSBC Group CE Georges Elhedery said... 


Inpex's Ichthys operation
Australia names offshore site for Inpex-led Bonaparte carbon storage project
16th October 2026 By: Reuters

Australia on Friday designated the West Peron undersea rock formation, off the country's north coast, as a storage site for an 8-million metric ton-per-year Bonaparte carbon capture and storage... 


The above image depicts Onpasa Chairperson Nick Mitchell
Indigenous gas cannot meet ‘gas cliff’ demand – association
16th October 2026 By: Lynne Davies

Speaking at the Wits Business School Gas Symposium last month, industry body Onshore Petroleum Association of South Africa (Onpasa) chairperson Nick Mitchell argued that while we were in the midst... 


Image of Mongolia map/flag
Red Lake coal bed methane project, Mongolia
16th October 2026 By: Sheila Barradas

Jade Gas Holdings plans to develop coal bed methane resources within the Tavantolgoi XXXIII unconventional gas basin. 


Alaska LNG plant
Taiwan cites progress on Alaska LNG after Trump says it will buy 30% of output
15th October 2026 By: Reuters

Taiwan said on Wednesday it was making progress in talks to buy liquefied natural gas (LNG) from Alaska LNG and would invest $4.4-billion in the project after US President Donald Trump told a rally... 


Mount Pleasant coal mine
Australia's top court backs grassroots group in landmark climate case on coal mine
7th October 2026 By: Reuters

An Australian community group has won the first climate change case to come before the country's top court, with judges upholding a decision to block a two-decade extension of a coal mine in the... 


US Vice President JD Vance
Vance says details of proposed Alaska LNG pipeline need to be worked out
6th October 2026 By: Reuters

US Vice President JD Vance said on Monday that a long-planned liquefied natural gas (LNG) pipeline in Alaska was going to happen, but there were still some details that needed to be worked out with... 


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... 


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pqt: 0.102s - ct: 0.151s - 275pq - 2rq
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