[Hammerhead]

Because everybody knows with LNG stands for 🙄🙄

Irritates the hell out of me when people don’t use the rules of acronyms.

[Raymann]

Anyone reading a site called oilprice.Com should know what that means

[BeauBo]

LNG is Liquified Natural Gas - the concentrated form, for shipment and storage.

[BeauBo]

LNG is an alternative to Russian natural gas, that mostly comes through pipelines to Europe, in a gaseous state.

The LNG ships dock at terminals that convert the liquid back into gas, to pressurize the pipelines.

There is a move afoot to get Europe to replace Russian energy imports (oil, gas, coal, and grid electricity) with other sources of supply, to avoid funding Russia's aggression in the Ukraine.

Europe imported about 40% of their natural gas from Russia before the invasion of the Ukraine. It is down to around 15% now, and the USA has stepped up to take a good bit of that market share.