Liquefied natural gas (LNG) exports from the United States are increasing, and the U.S. is now the world's largest exporter. In 2023, the U.S. exported a record volume of LNG, and exports are expected to continue to rise.
LNG export destinations:
Europe: The primary destination for U.S. LNG exports, accounting for 66% of exports
Asia: The second largest destination for U.S. LNG exports, accounting for 26%
Latin America and the Middle East: Together accounted for 8% of U.S. LNG exports
Our company is prepared to increase the LNG exports worldwide with our partner Emergy Oil.
LNG PROCESS - The process of turning natural gas into a liquid is called liquefaction. This process is used to create Liquefied Natural Gas (LNG), which is transported and stored as a liquid.
LNG benefits - LNG is a cleaner fossil fuel than coal and oil, producing less carbon dioxide, soot, and dust. It's also more economical to store and transport as a liquid.
STEPS IN THE LNG PROCESS
Natural gas production:Natural gas is drilled from underground reservoirs.
Gas treatment: Impurities are removed from the natural gas.
Liquefaction: The natural gas is cooled to -260°F (-162°C) to turn it into a liquid.
Storage: The LNG is stored in insulated tanks at subzero temperatures.
Transportation:The LNG is transported by sea in insulated ships.
Regasification: The LNG is warmed to a gaseous state and injected into a pipeline system.
LNG TRANSPORTATION
LNG EXPORT BENEFITS
LNG exports support U.S. jobs, GDP, and domestic business revenues
LNG exports have increased as European countries have reduced natural gas imports from Russia
Our company is prepared to increase the LNG exports worldwide with our partner Emergy Oil.
LNG export destinations:
Our company is prepared to increase the LNG exports worldwide with our partner Emergy Oil.
