LNG Value Chain Overview Quiz

The initial stage in the LNG value chain, where natural gas is sourced from underground reservoirs.

The middle stage where LNG is transported from processing facilities to regasification plants.

The final stage where LNG is converted back to natural gas and delivered to consumers.

A network of small pipelines that gather natural gas from various sources and transport it to processing facilities.

Specialized vessels designed to transport LNG across oceans, typically with double hulls for extra safety.

A facility where LNG is heated and converted back into a gaseous state for delivery into the natural gas pipeline system.

The removal of impurities and natural gas liquids (NGLs) from natural gas to produce LNG.

The use of terminology that is commonly understood in the LNG industry, making communication clearer.

The process of extracting natural gas from underground reservoirs.

Natural gas is cooled to -162 degrees Celsius, reducing its volume by 600 times, making it easier and cheaper to transport.

LNG is stored in large, insulated tanks until it is loaded onto ships or trucks for transport.

A distinctive odor is added to natural gas to make leaks detectable by smell, ensuring safety.

LNG can be transported by ship, truck, rail, or barge, depending on the distance and destination.

LNG is unloaded at terminals and then stored in cryogenic tanks until needed.

LNG is converted back to natural gas at regasification plants for distribution to consumers.

Large-diameter pipelines transport natural gas from processing facilities to local distribution networks for delivery to consumers.

Natural gas can contain impurities like hydrogen sulfide, nitrogen, carbon dioxide, and water, which are removed during processing to produce LNG.

The distance a ship travels as it moves from the origin of its journey to its final destination. This distance is measured in days of sailing.

A route that uses the Panama Canal as a shortcut to reach destinations like the USGC.

A route that utilizes the Suez Canal to reach various destinations in the world, like the USGC.

A route that ships use to sail around the southern tip of Africa. It is a longer route but sometimes necessary due to the Suez Canal's limitations.

A route that leverages the Northern Sea Route, a passage through the Arctic Ocean, for shorter travel times. This route is often used for transportation between Russia and Asia.

A shipping strategy that involves reducing ship speed to save fuel, increasing transit time, and potentially reducing emissions.

A strategy that involves storing LNG on a floating vessel. This is done to balance supply and demand in the market.

A strategy that involves utilizing the same ship for both importing and exporting cargo, making it more cost-effective.

The primary chemical compound found in LNG, typically composed of methane.

Natural gas is extracted from underground reservoirs and processed into LNG.

Natural gas is cooled down to approximately -162°C (-260°F) to transform it into LNG, resulting in a volume reduction of around 600 times.

LNG is primarily used in power generation, industrial heating, and as a transportation fuel.

Qatar is currently the largest exporter of LNG, followed by Australia and the United States. Japan is the largest importer, followed by South Korea and China.

The most significant LNG trade routes include those between the Middle East and Asia, as well as North America and Europe.

Large-scale facilities that process natural gas into LNG, typically consisting of several trains (processing units).

Entities that own and operate LNG projects, including liquefaction facilities, storage, and transportation assets.