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Regasification is the process of converting liquefied natural gas (LNG) back into its gaseous form. This is done by heating the LNG to its boiling point, which is typically -162°C. The regasification process is necessary for LNG to be used as a fuel source, as it is not combustible in its liquid form.
Regasification is a key component of the LNG supply chain, as it allows for the transportation of LNG from production sites to end-users. Regasification terminals are typically located near major population centers, allowing for the delivery of natural gas to consumers. These terminals are equipped with specialized equipment, such as vaporizers, compressors, and storage tanks, to facilitate the regasification process.
Regasification is a growing market, as the demand for natural gas continues to increase. This is due to its relatively low cost and environmental benefits compared to other fossil fuels.
Some companies in the regasification market include Cheniere Energy, Shell, ExxonMobil, and Total. Show Less Read more