What is LNG
LNGPETRO is a specialized division which deals with trading of Liquefied Natural Gas (LNG). This division is managed by people who are specialists in the field. Therefore, you get all the services, be it selling, buying or shipping of LNG, all under one roof.
The market is wide open and the choices are many. When you have more choices, the confusion mounts to decide and it becomes difficult to get the right choice. We help you to decide the right choice. LNGPETRO has the expertise with wide data base and very strong capabilities in bringing the right Buyer and the right Supplier together for mutual benefit. We also deal in other oil & gas products.
The world requires clean and, efficient energy for power generation, industrial and domestic use and hence the business of Natural Gas has acquired a great importance.
The business of Natural Gas starts with the exploration for gas fields across the world and developing these gas fields for production of gas. The natural gas is associated with water, impurities and heavier hydrocarbons. These contaminants mainly are removed in the production process before being piped for further processing and use. The gas under different processes is converted to LNG.
In the olden days and even now the gas is transported through the pipeline to different customers. However, this leaves many potential customers without access to this very useful source of energy. In the late 1960’s, the first commercial ventures exploited the fact that liquefied natural gas occupies 600 times less volume than it does in gaseous form. Therefore, it is easier to transport natural gas efficiently and economically to distant customers in its liquefied state rather than gaseous state. The idea was converted into a venture and has become a Global business, bringing this clean and efficient fuel to many more customers.
LNG is Liquefied natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage and transport. Liquefied natural gas takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. LNG is easier to store and transport to markets around the world.