Liquefied natural gas: major exporting countries 2018
The world’s largest exporter of liquefied natural gas (LNG) in 2018 was Qatar, with an export volume of 104.8 billion cubic meters. 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 2018. In that year, the country imported around 113 billion cubic meters of liquefied natural gas. Following Japan was China, with imports amounting to 73.5 billion cubic meters in 2018. In 2018, the total global LNG trade volume amounted to 431 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 175.5 billion cubic meters in 2018.
Global LNG trade
Japan was world’s largest importer of LNG in 2018. In that year, the country imported around 113 billion cubic meters of liquefied natural gas. Following Japan was China, with imports amounting to 73.5 billion cubic meters in 2018. In 2018, the total global LNG trade volume amounted to 431 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 175.5 billion cubic meters in 2018.
