Shell increased its production in 2020 to 360 million Tonnes. Despite the global GDP lost several trillion dollars because large and small economies struggled by the COVID-19 outbreak. Still the two largest countries by population, India and China, saw an increase of 11% in their LNG import. By 2040 global LNG demand is expected to...Continue Reading
Natural Gas is the cleanest burning fossil fuel. As global demand for natural gas grows, companies are using advanced technology to transport it from source to customers. Gas can be piped over relatively short distances. But cooling the gas to -162°C (-260°F) turns it to liquid for easier, safe shipment to faraway markets overseas.Continue Reading
Natural Gas will be the worlds fastest growing major energy source through the year 2040. An animation describing the full LNG value chain of production, liquefaction, transportation, and regasification.Continue Reading
About 247 and LNG
“Energy cannot be created or destroyed, it can only be converted from one form to another.”