What is the LNG?
LNG or Liquified Natural Gas is a gas that is made liquid at -161 centigrade and atmosphere pressure.Since gas transmission is not possible anywhere by pipline so LNG has got important role in the world energy market .A few country are able to produce and export LNG because of its high cost and top technology.Today Qatar is the biggest producer in the LNG industry and Japan is the biggest buyer.However nowadays LNG's share in the world energy basket is not large amount but it is expected that it will intensively increase in the following years.
Would be the LNG the pick of the energy basket in the future?I think so.
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