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What LNG Can and Can’t Do to Replace Europe’s Imports of Russian Gas

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Global LNG Demand Will Keep Growing: Tellurian Chair
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A crucial part of the European Union’s plan to wean itself off Russian energy is to greatly increase purchases of liquefied natural gas from other producers. The EU, however, isn’t yet equipped to receive enough LNG to replace Russian gas entirely and will need to outbid rival buyers. And because the world’s supply of LNG can’t expand quickly, routing more of it to Europe leaves other would-be buyers wanting.

The places where natural gas is found are often hundreds or thousands of miles away from where it’s used in power plants, factories, refineries and homes. It can be moved relatively cheaply by land through pipelines, but only to fixed points. Over the past six decades, a multibillion-dollar industry has developed to cool the gas to minus 260 degrees Fahrenheit (minus 162 degrees Celsius), at which point it changes into a liquid that can be loaded aboard refrigerated ships and sent across the globe. At the other end, it must be received at a specially built terminal where the fluid is converted back to gas.