- Transportation: LNG allows natural gas to be transported over long distances more efficiently than pipeline networks, especially where pipelines are impractical or expensive to build.
- Storage: LNG provides a way to store natural gas in liquid form 600 times less volume, enabling more flexible supply management and balancing of demand fluctuations.
- Global Market Access: LNG facilitates the international trade of natural gas, allowing countries with abundant natural gas resources to export to those with high demand but limited domestic supply.
- Cleaner Fuel: Natural gas, when burned, emits fewer greenhouse gases and pollutants compared to other fossil fuels like coal or oil, making LNG an attractive option for power generation, heating, and transportation, especially as countries seek to reduce emissions.
Overall, LNG plays a crucial role in energy demand, enhancing energy security, and reducing environmental impacts.