Liquefied natural gas (LNG) is a natural energy gas that has been cooled down to liquid form to make it easier and safer to store and transport to customers.
LNG is a clear, colorless, non-toxic liquid that forms when natural gas is cooled to -162 °C. This shrinks the gas by 600 times in volume. Once liquefied, the gas can be transported by sea, road or rail to new markets. In 2017, there were more than 500 carriers designed to transport LNG by sea and almost 300 million tonnes of LNG transported around the world.
The biggest LNG producers include Qatar, Australia and Malesia. Norway is the leading gas producer in Europe, with LNG accounting for around 5% of its gas exports. LNG creates flexibility in energy imports and increases security of supply.
LNG use has increased in recent year is maritime transport in particular. This growth is partly due to the increasingly stricter emission limits for ships. LNG use does not result in any sulfur oxide emissions and it also meets the stricter emission targets set for nitrogen oxide, particulate and carbon dioxide emissions.
LNG offers a cleaner fuel alternative also for heavy-duty road transport and therefore extends the benefits of LNG across the entire logistics chain.
In addition to maritime and heavy-duty road transport, LNG is also suitable for industrial use just like natural gas. Compared with oil, LNG provides industrial operators with the opportunity to achieve considerable reductions in emissions generated by their activities.
Gasum is the biggest distributor of LNG in the Nordic countries and is strenghtening the position of LNG in the Nordics accordance with the EU strategy for LNG. Gasum is investing in the construction of around 50 LNG gas filling stations for heavy-duty vehicles in Finland, Sweden and Norway by the beginning of the 2020s.