Tesla monthly share price on the Nasdaq stock exchange 2010-2023 Natural gas production in Qatar came about to about 177 billion cubic meters in 2021. Qatar’s massive natural gas reserves amount to about 24.7 trillion cubic meters in 2020. Most of their natural gas is found in the massive offshore North Field, an area that is about the size of Qatar itself. Qatar is a key player in the world supply of natural gas, in fact it has the world’s third largest conventional natural gas reserves. At that time, the total global LNG trade volume amounted to 542 billion cubic meters. Following Japan was China, with imports amounting to 93.2 billion cubic meters in 2022. In that year, the country imported around 98.3 billion cubic meters of liquefied natural gas.
Japan was the world’s largest LNG importing country in 2022.
LNG emerged in the 19th century so that it would be possible to transport natural gas through pipelines. LNG is natural gas that been made into a liquid by cooling to -260 degrees Fahrenheit/-162 degrees Celsius for shipping and storage purposes. The world’s largest exporter of liquefied natural gas (LNG) in 2022 was Qatar, with an export volume of 114.1 billion cubic meters. Global liquefied natural gas exports by country 2022
