LNG
Meaning in oil, gas & mining, with examples
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
Turkey imports LNG through terminals and FSRUs on its coasts.
An LNG carrier arrived at the terminal and began unloading.
Common collocations
- LNG carrier
- LNG terminal
- LNG cargo
- LNG imports
- regasification
Related terms
More terms: Pipelines, Storage & LNG
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