[[Liquefied Natural Gas (LNG)]] is natural gas (primarily methane) that has been cooled to approximately -162°C (-260°F), converting it to a liquid form for easier storage and transportation. This process significantly reduces its volume, making it economically viable to ship across oceans.

Key aspects:

• Global Trade: lng is a cornerstone of global energy trade, allowing natural gas to be moved from producing regions (e.g., [[U.S. Gulf Coast LNG]], Qatar) to consuming markets worldwide.
• Market Dynamics: The lng market is influenced by supply-demand balances, liquefaction and regasification capacity, shipping routes (e.g., through the [[Strait of Hormuz]]), and geopolitical events.
• Pricing: Prices are often benchmarked against regional indices like jkm, ttf, or [[Henry Hub]], though geopolitical factors can drive significant differentials.
• Regional Demand: Regions like [[Latin America LNG Import]] rely heavily on lng to meet energy demand, particularly for gas-to-power generation during specific seasons.