BREAKING NEWS

Now Reading:

LNG and the quest for energy security


urban-visions

LNG and the quest for energy security

In partnership with

Liquefied natural gas (LNG) is often talked about when the subject of energy independence or security is raised. LNG is gas that has been cooled down to -160 degrees celsius and then shrinks 600 times in volume. This makes it easier to transport around the world in ships and trucks, to those places where pipelines have not yet reached or where there is concern about current supplies. Singapore is one place where liquefied natural gas is taking off; the country has opened its first LNG terminal and there are plans for more. Could Singapore, which has long been a global oil hub, also become a hub for LNG trading? Euronews’ Seamus Kearney spoke to Peter Lambert, a natural gas expert at McKinsey & Company. He began by asking him what was so attractive about LNG for those nations wanting to diversify their energy supplies.

Editor's choice

Next Article

urban-visions

The winds of change in Austin