LNG, or liquefied natural gas, consists mostly of methane and is cooled to approximately -256 degrees Farenheit so that it can be transported from countries that have more natural gas than they need to countries that use more natural gas than they produce. In its liquefied state, natural gas takes up 1/600th of the space, making it much easier to ship and store when pipeline transport is not feasible. As world energy consumption increases, experts anticipate that the LNG trade will grow in importance.


Despite having one of the world's largest reserves of natural gas, the United States imports a small percentage of its natural gas as LNG from Trinidad and Tobago, Egypt, Norway, Qatar, and Nigeria. Other major exporters of LNG include Indonesia, Russia, Yemen, and Norway. Russia has the world's largest supply of natural gas, followed by Iran and Qatar. In 2008, Japan was the world's largest importer of LNG.

  1. American Clean Energy And Security ...

    A piece of legislation that was created in an attempt to establish ...
  2. Nonrenewable Resource

    A resource of economic value that cannot be readily replaced ...
  3. Energy Sector

    A category of stocks that relate to producing or supplying energy. ...
  4. Natural Gas ETF

    Exchange-traded funds (ETFs) that invest in natural gas futures ...
  5. Import

    A good or service brought into one country from another. Along ...
  6. Export

    A function of international trade whereby goods produced in one ...
Related Articles
  1. Active Trading

    Uncovering Oil And Gas Futures

    Find out how to stay on top of data reports that could cause volatility in oil and gas markets.
  2. Mutual Funds & ETFs

    Investing In Oil And Gas UITs

    Unit investment trusts provide direct exposure to the energy sector, fueling better returns.
  3. Fundamental Analysis

    Accounting For Differences In Oil And Gas Accounting

    How a company accounts for its expenses affects how its net income and cash flow numbers are reported.
  4. Economics

    Will Winter Affect the Price of Oil and Gas?

    Learn how heating oil and natural gas prices are affected during a harsh or mild winter and the EIA's prediction for heating consumption.
  5. Investing

    Will Eni’s Discovery Affect Oil Prices?

    Following a massive natural gas discovery in the Mediterranean, Egypt's energy concerns will be coming to an end, but how does this affect oil prices?
  6. Stock Analysis

    The 3 Best Dividend Stocks in the Utility Sector

    Learn about three of the best-paying dividend stocks in the utility sector. Understand why utility stocks have less volatility than other types of stocks.
  7. Investing Basics

    Should You Invest in Oil and Gas? Consider These 3 Risks

    Learn about some of the major risks with investing in the oil and gas sector including volatile commodity prices, dividend cut risk and an oil spill risk.
  8. Stock Analysis

    Chevron Stock: A Dividend Analysis

    Discover a detailed analysis of Chevron's dividend policy, and learn about the dividend policies of its competitors Exxon Mobil and BP.
  9. Stock Analysis

    Royal Dutch Stock: A Dividend Analysis

    Learn about Royal Dutch Shell's strong track record of paying dividends. Understand how a dividend cut may be a risk with low commodity prices.
  10. Stock Analysis

    ConocoPhillips Stock: A Dividend Analysis

    Discover a detailed analysis of ConocoPhillips' dividend policy, and explore a comparison between the dividend policies of its competitors.
  1. To what extent do seasonal factors influence the utilities sector?

    Seasonal factors have a large impact on the utilities sector, with a significant increase in demand during the summer and ... Read Full Answer >>
  2. How does an oil and gas company measure and state its production?

    Measuring Oil and Gas Production Oil and gas exploration and production companies, or E&P companies, use three basic ... Read Full Answer >>
  3. What credit rating should I look for in an oil and gas company?

    Look for a credit rating in an oil and gas company that is suitable for your desired returns and risk tolerance level. Companies ... Read Full Answer >>
  4. What debt level should I look for when investing in an oil and gas company?

    Investors should look for debt level in an oil and gas company that is appropriate for their risk tolerance. In a bull market ... Read Full Answer >>
  5. What factors are the primary drivers of share prices in the oil and gas sector?

    The primary drivers of share prices in the oil and gas sector are energy prices and economic growth. Stock prices in the ... Read Full Answer >>
  6. How much of the United States' energy comes from oil and gas?

    As of 2014, the oil and gas sector accounted for approximately 50% of total U.S. energy needs, with approximately another ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Take A Bath

    A slang term referring to the situation of an investor who has experienced a large loss from an investment or speculative ...
  2. Black Friday

    1. A day of stock market catastrophe. Originally, September 24, 1869, was deemed Black Friday. The crash was sparked by gold ...
  3. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  4. Barefoot Pilgrim

    A slang term for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. ...
  5. Quick Ratio

    The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet ...
  6. Black Tuesday

    October 29, 1929, when the DJIA fell 12% - one of the largest one-day drops in stock market history. More than 16 million ...
Trading Center