LNG Projects Boom, Including Floating Plants (FLNG)/America Begins LNG Exports, Business and Industry Trends Analysis

One way to distribute natural gas to high-demand markets like China and Japan is through LNG (liquefied natural gas).  However, due to the necessity of special handling, bringing that supply to market in major quantities requires advanced technologies and huge capital outlays.  First, the natural gas must be chilled to minus 259 degrees Fahrenheit, in order for it to change into a liquid state.  Next, the LNG is put on specially designed ships where extensive insulation and refrigeration maintain the cold temperature.  Finally, it is offloaded at special receiving facilities where it is warmed and converted back into a gaseous…

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