LNG Market size was valued at US$ 418.88 Mn. in 2022 and Power Generation is one of the dominating s

Rutuja12310 Jul, 2024Other

LNG (Liquefied natural gas) is a kind of natural gas that is cooled to liquid form for non-pressurized storage or transportation purposes. The gas shrunk down 600 times after the cooling process which gets it easier to store and transport. One of the benefits of liquefying the gas is LNG does not ignite when it is in liquid form. After reaching to destination, LNG turned back into the gas form at regasification plants and further supply it to residential, commercial, and industrial use or to generate electricity. LNG is a transparent, non-hazardous, odorless, and non-corrosive gas that is cost-competitive and provides clean transport fuel.