what is liquified natural gas

  • Energy Market Design

    Energy market volatility remains evident amid a delicate geopolitical landscape

    Recent events, from the worker strikes at the Chevron-owned Wheatstone LNG facility in Australia to the Israel-Hamas conflict, have highlighted the potential for disruption to energy exports. The Wheatstone and nearby Gorgon facilities account for ~5% of global LNG supplies. Whilst Europe is not the recipient of notable volumes of...

  • Energy storage and flexibility

    What is Liquefied natural gas (LNG) and how did it help UK and Europe this winter?

    What is Liquefied natural gas (LNG)? Natural gas that has been cooled down to a liquid form is known as liquefied natural gas (LNG). The cooling process shrinks the volume of natural gas making it easier and safer to store and ship overseas. Natural gas is a fossil fuel which...