The growing importance of LNG in recent years is related to the overall increase in demand for natural gas.
The use of liquefied natural gas is fueled by the development of LNG transport options and, in particular, the expansion of the methane fleet (204 units in 2006, an additional 145 by 2010 – data by: The Maritime Business Strategies data LLC), as well as the high price competitiveness of LNG for pipeline gas.
The location of gas bearings around the world in locations that are difficult to link through pipelines with states that are the main beneficiaries of this gas is also of great importance for increasing interest in LNG.
The use of liquefied natural gas is also an excellent method to meet peak gas requirements (gas peak shawing).
LNG Core Benefits:
Flexibility of Supply – LNG is a proven method to effectively diversify gas supplies to some countries but also coverage of peak demand for gas.
Output – during liquefaction of natural gas to LNG, its volume is reduced by approx. 600 times. This means that after re-gasification from 100 m3 of LNG, we get 60,000 m3 of natural gas.
The economy – the cost of transport and storage of LNG (above about 2000km) is lower than the cost of natural gas. This, among other things, influences the choice of suppliers from different parts of the world (costs for purchasing and optimizing transport).
Ecology – Natural Gas is an ecological fuel. It develops much less pollutants into the air during combustion than coal, oil or other extracted fuels. In addition, liquefied natural gas was purified – containing 95% methane with a low proportion of other components (approximately 5%). LNG is therefore a very clean fuel without toxic or corrosive properties.
Safety – if there is a leak, LNG is simply vaporized and diluted in the atmosphere. It is a much less harmful and dangerous fuel than oil or LPG. Environmental pollution (sea, soil) in case of LNG leakage is not possible. Modern technologies used in the construction of LNG (full-containment) containers as well as special procedures and security systems provide an exceptionally high level of safety for the re-gasification terminals.