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A Primer on lng Seaborne Transport: What Every Owner Should Know

by Geoff. Uttmark

What is liquefied natural gas?
Natural gas is an abundant fossil fuel composed of between 95 and 99 percent methane and other hydrocarbons such as ethane, butane and propane, along with trace elements and compounds. While the composition of common gas varies between gas fields, the liquefaction and regasification process of LNG produces a very consistent high grade fuel (Figure 1). LNG is used to generate electricity, for home heating and cooking and increasingly to fuel vehicles. As the cleanest fossil fuel, natural gas is increasingly the preferred option to meet rising energy requirements through the first half of the 21st century, by which time renewable energy sources such as solar power and fusion are expected to be more viable. Hence, natural gas consumption is expected to grow faster than the overall growth in energy demand for the next several decades.

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Written by: | Categories: Marine Money | December 1st, 1999 |

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