Bulletin – September 2011 The Global Market for Liquefied Natural Gas Abstract
Liquefied natural gas (LNG) provides an economic means to transport natural gas over long distances, bringing production from remote gas reserves to market. A large expansion in global LNG trade is currently under way, and Australia is likely to emerge as the second largest supplier globally in coming years. This article describes the functioning of the global LNG market and outlines Australia's position within the market.