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The LNG Liquefaction market is a subset of the larger LNG (Liquefied Natural Gas) industry. It involves the process of cooling natural gas to a liquid state, which is then transported to customers via tankers. This process is necessary to reduce the volume of natural gas, making it easier to store and transport. The liquefaction process also allows for the natural gas to be transported to customers in different parts of the world.
The LNG Liquefaction market is highly competitive, with many companies offering liquefaction services. Companies in the market include Shell, ExxonMobil, BP, Total, Chevron, and Eni. These companies are involved in the liquefaction process, as well as the transportation and storage of LNG. Additionally, there are many smaller companies that specialize in the liquefaction process, such as Golar LNG, Höegh LNG, and Gas Natural Fenosa. Show Less Read more