Global LNG market

The global LNG (liquefied natural gas) market involves the trading of natural gas that's cooled into a liquid state for easier transportation across distances where pipelines are not feasible. Countries with abundant natural gas exports, like Qatar and Australia, produce LNG to meet energy demands worldwide, including in regions lacking pipelines. The market is influenced by factors such as supply and demand, geopolitical events, shipping costs, and investments in infrastructure. As demand for cleaner energy rises, LNG is seen as a flexible and relatively environmentally friendlier option compared to coal or oil.