Product Description

Liquefied natural gas (LNG) Natural gas was considered to be economically unimportant 
wherever gas-producing oil or gas fields were distant from gas pipelines or located in 
offshore locations where pipelines were not viable. In the past this usually meant that 
natural gas produced was typically flared, especially since unlike oil no viable method for 
natural gas storage or transport existed other than pipelines which required the immediate 
use by end users of the same gas. This meant that natural gas markets were historically 
entirely local and any production had to be consumed within the local network.