LNG definition

LNG means liquefied natural gas.

LNG means Gas in a liquid state at or below its boiling point at a pressure of approximately one atmosphere.

LNG means liquefied Natural Gas.

Examples of LNG in a sentence

• For the purposes of this Agreement, such unloading shall be deemed to be an unloading of an LNG Tanker by the Service Provider and utilise the rights of the Service Provider to unload a LNG Tanker at the Terminal.

• In addition to the foregoing, the Service Provider shall be liable to the Storage Operator for any costs that may arise pursuant to the Service Provider’s LNG Storage Contract as a result of NGG utilising the Berthing Entitlements and Storage Capacity of the Service Provider.

• Title to any quantity of LNG that is acquired by NGG pursuant to Clause 13.2(ii) or (iii) shall pass to the Service Provider upon payment to NGG and pending which, the Service Provider shall hold the LNG on trust for NGG.

• The Service Provider shall also pay to NGG the total amount paid by NGG for such LNG.

• The Service Provider shall immediately confirm to NGG in writing the quantity of LNG that it has acquired (“Acquired Quantity”).

More Definitions of LNG

LNG means natural gas liquefied by cooling and which is in a liquid state at or near atmospheric pressure.

LNG means liquefied natural gas. Natural gas may be converted to a liquid state by pressure and severe cooling for transportation purposes, and then returned to a gaseous state to be used as fuel. LNG, which is predominantly artificially liquefied methane, is not to be confused with NGLs, natural gas liquids, which are heavier fractions that occur naturally as liquids.

LNG means liquefied natural gas (see 1.2.1);

LNG means liquefied natural gas. "LPG" means liquefied petroleum gas.

LNG means natural gas in a liquid state at or below its boiling point at a pressure of approximately one atmosphere.

LNG means liquified natural gas;

LNG means liquefied natural gas. “Mb/d” means Mbbls per day.