Global liquefied natural gas exports by country 2020
The world’s largest exporter of liquefied natural gas (LNG) in 2020 was Australia, with an export volume of 106.2 billion cubic meters. At that time, Qatar ranked second. LNG is natural gas that been made into a liquid by cooling to -260 degrees Fahrenheit/-162 degrees Celsius for shipping and storage purposes. LNG emerged in the 19th century so that it would be possible to transport natural gas through pipelines.
Global LNG trade
Japan was world’s largest importer of LNG in 2020. In that year, the country imported around 102 billion cubic meters of liquefied natural gas. Following Japan was China, with imports amounting to 94 billion cubic meters in 2020. At that time, the total global LNG trade volume amounted to 488 billion cubic meters.
Qatar’s natural gas industry
Qatar is a key player in the world supply of natural gas, in fact it has the world’s third largest reserves. Most of their natural gas is found in the massive offshore North Field, an area that is about the size of Qatar itself. Qatar’s massive natural gas reserves amount to about 24.7 trillion cubic meters. Natural gas production in Qatar came about to about 178.1 billion cubic meters in 2019.
Global LNG trade
Japan was world’s largest importer of LNG in 2020. In that year, the country imported around 102 billion cubic meters of liquefied natural gas. Following Japan was China, with imports amounting to 94 billion cubic meters in 2020. At that time, the total global LNG trade volume amounted to 488 billion cubic meters.
Qatar’s natural gas industry
Qatar is a key player in the world supply of natural gas, in fact it has the world’s third largest reserves. Most of their natural gas is found in the massive offshore North Field, an area that is about the size of Qatar itself. Qatar’s massive natural gas reserves amount to about 24.7 trillion cubic meters. Natural gas production in Qatar came about to about 178.1 billion cubic meters in 2019.
