Difference between revisions of "Liquified natural gas"

From Power Shifts wiki
Jump to: navigation, search
Line 4: Line 4:
 
[[Category:Economic Dimension]]
 
[[Category:Economic Dimension]]
 
[[Category:Technological Dimension]]
 
[[Category:Technological Dimension]]
 +
[[Category:Foreign Policy & Security Dimension]]

Revision as of 15:38, 27 October 2016

Liquified natural gas (LNG) is natural gas as it is commonly known, however it is cooled down so far that it reaches its liquid state. This way it is way easier to transport and store greater amounts and the price per m3 decreases. Due to the high production prices it hasn't been that popular in the past, however in the last years the importance has been rising due to decreasing costs.