Financing for LNG companies worldwide 2016-2021, by bank
LNG is natural gas that has been cooled to around minus 162 degrees Celsius in order to ease transportation to consumer markets. The volume of globally traded LNG has increased significantly over the past 50 years, rising from 3 billion cubic meters in 1970 to 488 billion cubic meters in 2020. Projections show that the demand for LNG is expected to increase worldwide in the coming years.