Oil, Gas & Mining vocabulary · Pipelines, Storage & LNG

LNG

Meaning in oil, gas & mining, with examples

abbreviationCore term

In oil, gas & mining, LNG means: Short for liquefied natural gas: natural gas cooled to about minus 162°C so it becomes a liquid that takes up around 600 times less space and can be shipped by tanker.

In Turkish: sıvılaştırılmış doğal gaz (LNG), LNG

How it is used

Said as letters (L-N-G). The chain includes liquefaction plants, LNG carriers, import terminals and regasification, often on an FSRU (floating storage and regasification unit). Traders talk about LNG cargoes, spot LNG and long-term LNG contracts.

Example sentences

  1. Turkey imports LNG through terminals and FSRUs on its coasts.

  2. An LNG carrier arrived at the terminal and began unloading.

Common collocations

  • LNG carrier
  • LNG terminal
  • LNG cargo
  • LNG imports
  • regasification

More terms: Pipelines, Storage & LNG

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