Liquefied Natural Gas Market - Demand for LNG Is High in the Electric Power Sector Due to Less Cost
Liquefied natural gas (LNG) is a natural gas converted into liquid form for ease of transportation and storage. LNG takes about 1/600th of volume of natural gas. It is colorless, odorless, non-toxic and non-corrosive in nature. Liquefaction is carried out by cooling natural gas to -1620 C (- 2620 F), followed by the removal of certain components such as acid gases, impurities and dust. Thereafter, LNG is stored in cylindrical shaped and domed roof cryogenic tanks. This prevents LNG from...
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