Industries Overview of LNG Industry
Note: The below links are to external websites and you will be leaving FERC's website
Stage | Activity | Comments |
---|---|---|
1. Production | Natural gas is produced |
World natural gas reserves are abundant, but located far from consuming markets. Read more |
2. LNG Liquefication Terminal | Gas is liquefied | Most of the liquefication for import to the US occurs in the Atlantic and Pacific Basins. Read more |
3. Transportation | Tanker transports LNG | Currently, there are about 151 LNG tankers in operation; 55 ships are under construction. Read more |
4. LNG Terminal | LNG is stored and vaporized | Japan is the largest LNG importer, with 48% of all imports, while the US imports 4%. Read more |
5. Distribution | Natural gas is transported via pipelines to markets | In the US, gas is delivered to consumers via large pipelines and distribution lines. |
6. Consumption | Consumers use natural gas for cooking and heating purposes | Natural Gas consumption |