Liquified natural gas (LNG)

Liquified natural gas (LNG) is the liquid form of natural gas at cryogenic temperature of 256 F ( 160 C). When natural gas is turned into LNG, its volume shrinks by a factor of approximately 600. This reduction in volume enables the gas to be transported economically over long distances. Over the past 30 years, a considerable world trade in LNG has developed. Today, LNG represents a significant component of the energy consumption of many countries and has been profitable to both the exporting host countries and their energy company partners.