Is LNG more expensive than pipeline gas?

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Is LNG more expensive than pipeline gas?

Is LNG more expensive than pipeline gas?

Europe still lives on the myth that LNG is always more expensive than pipeline gas and lots of executives from the gas industry will go to ridiculous lengths to support that claim. One of the best-known graphs shows some lines where onshore pipelines are cheaper than LNG up to distances of 3500 to 4500 km depending on who did the numbers.

Is LNG the same as natural gas?

Liquefied Natural Gas (LNG) is the liquid form of natural gas, the same substance used in many homes for heating and cooking. It consists mostly of methane along with small amounts of similar chemicals (e.g., propane , butane, ethane). It is created by cooling natural gas to very low temperatures...

Why is liquefied natural gas LNG?

Liquefied Natural gas (or LNG for short) is a natural gas that has been cooled into a liquid state at around -260 degrees Fahrenheit. It is kept at this temperature due to the fact that the volume of a gas when liquefied, is around 600 times smaller than in its natural gaseous state. This of course makes it much easier to ship and store .

Is hydrogen the new LNG?

Hydrogen could never be the new LNG. It could never pose a threat to natural gas or LNG now or in 100 years. The International Energy Agency (IEA) is not known for serious research.

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