LNG Liquefaction Equipment Market: Recent Industry Trends, Analysis and Forecast 2027
Liquefied natural gas (LNG) is the liquid form of natural gas at cryogenic temperature of ?161°C (?157°C). Liquefaction of natural gas shrinks its volume by a factor of approximately 600 hence, allowing easy and economical transport over long distances. The set of equipment aligned in series, designed to treat and liquefy natural gas are known as LNG train. With the increasing demand of LNG as the source of fuel, the global LNG liquefaction equipment market has grown steadily in the...
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