With the energy crisis caused by the Russian invasion of Ukraine, SciTech Daily has a nice article on the global liquefied natural gas (LNG) market. The US, Qatar and Australia are some of the biggest exporters. China and Japan are two of the biggest importers with Germany ramping up its own imports
"LNG is made by cooling natural gas to minus 260 degrees Fahrenheit (minus 162 degrees Celsius), which reduces its volume by a factor of more than 600. Natural gas is piped to a port, processed in a liquefaction plant, and then loaded into specialized insulated, temperature-controlled tankers for shipment by sea.
To receive LNG, an offloading port must have a regasification plant that converts the LNG back to a gaseous form so it can be sent by pipeline to end users. Both liquefaction plants and regasification plants cost billions of dollars and take multiple years to build."
Video on the complexity of LNG logistics
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