What is LNG?
LNG is natural gas (methane) chilled to -161ºC so that it becomes a liquid. Once it has been liquefied, the methane takes up much less space. Because LNG occupies about 1/600 the space of methane in its gaseous form it can be exported in purpose-built tanker ships.
Australia has three operating LNG projects. Another seven LNG projects – representing a total investment of more than $200 billion – are now under development.
This is already creating thousands of jobs and will deliver major export income and tax revenue for Australia, as well as cleaner energy for Asia.