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Welcome to the Interactive World LNG Map
About Petroleum Economist
In an age of free information, decision-makers need impartial, reliable and rigorous sifting of fact from fiction. They need solid analysis of essential data, presented in a way that makes it quick to absorb. They need genuine intelligence from high-risk areas of the world. They will find all this in Petroleum Economist.
We’ve written about oil, its politics and economics since 1934. Petroleum Economist has explained some of the industry’s biggest disruptions – such as the 1973 oil crisis, the Gulf Wars, the rise of China, the Arab uprisings, and the more recent supply-side shocks from North America’s unconventional energy sector.
Petroleum Economist has covered the booms and busts in the oil price – we stuck our neck out and called the latest crash before others. We always look ahead, draw on our long experience to spot emerging trends. In a period of change for the industry – influenced by everything from Opec policy to UN climate summits – Petroleum Economist remains the indispensable authority on energy.
Our coverage goes beyond the headlines, giving subscribers essential insight into global oil and gas politics and markets. Readers use our intelligence to form commercial strategy, whether they lead state-owned or privately held companies. Governments read and talk to us because we explain policy clearly and intelligently.
We put people on the ground to cover the biggest stories. Petroleum Economist has reported from warzones in the Middle East and North Africa, countless Opec meetings, remotest Siberia and northern Canada, the Orinoco, East Africa, Borneo and Papua New Guinea. We take on difficult stories in tricky places where the risks are great – and the need to understand them paramount. Investors have faith in Petroleum Economist’s judgement – and we take pride in this trust. It opens doors for us in the world’s energy ministries, on Wall Street and in oil capitals from Calgary to Baku, Astana to Mexico City. Reporters around the world give us a global perspective for a global executive readership.
We research and compile in-depth special reports covering specific segments of the energy industry. They draw on Petroleum Economist’s decades of specialist knowledge, its on-the-ground presence and include data from our archives, analysis, contributions from industry experts and detailed specialist maps from our industry-renowned cartography department.
Shell has been a pioneer in liquefied natural gas (LNG) for more than 50 years. With Shell involvement, Arzew delivered the first commercial LNG liquefaction plant and a Shell managed ship delivered the first commercial cargo from Algeria to the UK, starting today’s global trade.
We have continued to innovate and improve the technology behind LNG, and to find ways to make more LNG available where it is needed around the world. For example, we are building Prelude FLNG, the world’s largest floating LNG production facility, which will unlock gas resources from underwater fields too uneconomic or challenging to reach from land.
Our LNG presence
We are one of the world’s largest LNG shipping operators, managing a fleet of more than 40 LNG carriers in an industry-wide fleet comprising around 450 carriers. Our trading operation markets LNG from Shell, its partners and third parties, helping to meet customers’ long-term energy needs and to respond flexibly to short term changes in demand.
Today Shell has LNG supply projects either in operation or under construction in ten countries. We also have a major interest in a regasification plant in Hazira in India, and long-term access to capacity in several others in Europe, the Middle and Far East and North America.
Shell LNG (www.shell.com/energy-and-innovation/natural-gas/liquefied-natural-gas-lng.html)
Shell LNG Supply Projects and Regasification Plants (www.shell.com/energy-and-innovation/natural-gas/liquefied-natural-gas-lng/lng-supply-projects-and-regasification-plants.html)
LNG | Liquified natural gas is a clear, colourless and non-toxic liquid which forms when natural gas cooled to around -162°C (-260°F), the boiling point of its main constituent methane (CH4), so that it becomes liquid. The process, known as liquefaction, reduces its volume by a factor of 600, making it more convenient and less dangerous to store and transport. Natural gas is liquefied in a liquefaction plant, transported and stored chilled and under slight pressure, before being converted back into a gas at a regasification plant. In its liquid state, LNG will not ignite. The regasified product is then piped to homes, businesses and industries where it is burnt for heat or to generate electricity. LNG is now also emerging as a cost-competitive and cleaner fuel, especially for shipping and heavy-duty road transport.