Explore liquefied natural gas industry market is likely to be dominated by industrial sector
Liquefied Natural Gas Industry Market: LNG Has Higher Share In Electric Power Segment Due To Its Less Cost The Liquefied Natural Gas Industry Market produces liquefied natural gas which is a natural gas. It is converted into liquid form for easy transportation and storage.
Natural gas liquefaction takes about 1/600th volume of natural gas. It is colorless, odorless, non-corrosive and nontoxic in nature.
Liquefaction is carried out by cooling the natural gas to -1620(-2620 F) and removing certain components like acid gases, impurities, and dust in the Liquefied Natural Gas Industry Market. LNG is then stored in a cylindrical shaped and domed roof cryogenic tanks.
This prevents the liquefied natural gas from vaporization. The cryogenic tanks are made from materials like, concrete, steel, and nickel.
The tanks are insulated and are kept at a low pressure. Big underground tanks are also used for storage.