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LNG
liquefied natural gas.
LNG
abbreviation
liquefied natural gas
Example Sentences
LNG feedgas demand is rising, adding support, although there is still the risk that early-winter optimism may exceed fundamentals, he adds.
In July, Shell started up its liquified natural gas project in Canada, expected to ship 14 million tonnes of LNG from British Columbia to Asia each year.
They say consolidation in the sector means that companies aren’t developing new supplies, even as the U.S. faces new natural gas demand fueled by the rise of artificial intelligence, the reshoring of industries and a slew of new LNG terminals.
U.S. natural gas futures started the week higher, snapping a three-session losing streak as weekend weather forecasts added more demand to the outlook for early November, and LNG flows remained strong.
Until this summer, sanctions prevented buyers from accepting cargoes from Russia’s blacklisted Arctic LNG 2 project.
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