LNG overview
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摘要:Natural gas is the world's cleanest burning fossil fuel and it has emerged as the environmentally preferred fuel of choice. The U.S. Energy Information Administration (EIA) estimates domestic natural gas demand will grow by more than 40 percen..

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Natural gas is the world's cleanest burning fossil fuel and it has emerged as the environmentally preferred fuel of choice. The U.S. Energy Information Administration (EIA) estimates domestic natural gas demand will grow by more than 40 percent between now and 2025 - growth driven largely by new gas-fired electric generation nationwide.

Domestic natural gas production is declining and can no longer meet our needs. The solution is liquefied natural gas, or LNG, which, last year comprised only 3 percent of total natural gas use in the United States. By 2025, as much as 15 percent of U.S. gas supplies could come from LNG, according to the EIA.

Reduced natural gas supplies have led to prices that are almost double those of two years ago. The higher prices are pressuring some North American industries that depend heavily on natural gas—such as chemical firms—to relocate overseas.

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