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Liquefied Natural Gas (LNG)
LNG is produced in countries such as Trinidad, Nigeria, Qatar, and Australia.
Some of the world’s largest reserves of natural gas are found in Russia, and it is expected to produce LNG in the near future.
In the past 45 years, there have been more than 40,000 LNG shipments worldwide, covering more than 100 million kilometres. During that time, there have been no incidents involving serious injuries associated with LNG shipping or any material loss of cargo.
TransCanada is well positioned to connect markets to LNG. Our existing gas pipeline infrastructure can deliver greater volumes of natural gas with lower levels of capital investment because we focus on terminal sites near our assets.
We seek partners with access to LNG supplies and our focus is on regasification terminals supported by long-term fee-for-service contracts.
ABOUT LNG
- Natural gas is available outside of North America and is not accessible by pipelines. Natural gas can be imported from distant sources in the form of LNG.
- Since LNG occupies only a fraction (1/600) of the volume of natural gas, and takes up less space, it is more economical to transport across large distances and can be stored in larger quantities.
- LNG is a price-competitive source of energy that could help meet future economic needs in North America.
- The major stages of LNG production are:
- exploration and natural gas production,
- liquefaction (conversion of natural gas into a liquid state for transport),
- shipping by LNG tanker and
- regasification (warm LNG to natural gas for transport through pipeline systems).
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