What is LNG?
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane C2H6) that has been converted to liquid form for ease and safety of non-pressurized storage or transport.
1.1/600th the volume of natural gas in the gaseous state
2. It is odorless, colorless, non-toxic and non-corrosive
LNG Export and Import by Country (2016&2017)
- Two Figures above shown the LNG Export and Market share from 2016-2017 by countries. Most countries maintain a stable market share, with the exception of US. At 2016, US only shares 1.1% of the market, while at 2017, US takes up 4.5% market, ranking 6th among all LNG export Countries.
- Japan, S.Korea and China are major LNG importer. Especially for Japan, it takes almost 1/3 of the total import market.
- China’s LNG imports rose 47% from 2016 to 2017.
Existing North American LNG Import/Export Terminals
- There are 12 existing Import Terminals and 3 existing Export Terminals at US.
- 4 new import terminals are approved and one of them is already under construction.
- There are 9 new Export Terminals are approved. 5 of them are under construction. Most of the new Export Terminals are located at Texas and Louisiana.
Liquefaction plants at US.
- US now has 5 Liquefaction Plants, and 12 Plants will be completed in the future.
LNG Condition in China
- China’s First LNG Receiving Terminal (2006) located at Guangdong. The Nameplate Capacity is 6.8MTPA.
- Up to now, there are 13 complete Receiving Terminals at China. 7 new receiving LNG Terminals are under construction.
- The figure below shows China’s Liquefaction Plants Location.
IGU 2018 World LNG Report
IGU 2017 World LNG Report