Tuesday 2 September 2014

Qatar to relinquish hold as world leader in LNG exports | Arab News

Qatar to relinquish hold as world leader in LNG exports | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.:



"Over the last decade, the discovery of massive quantities of unconventional gas resources around the world has spurred a renaissance within global energy markets, redirecting international attention to natural gas as a leading source of energy supply.



Modern technology allows natural gas to be chilled at ultra-low temperatures to a liquid state, called liquefied natural gas or LNG, making it easier to store and transport.



Buyers of LNG process the gas through specialized import facilities that convert it back into its gaseous state."



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