In circumstances where hydrocarbons take the form of gas, it must be transferred to shore through pipelines. However, by liquefying gas, it is possible to transport natural gas with Liquefied Natural Gas (LNG) carriers. In addition, hydrocarbons take up considerably less space in a liquefied state. LNG carriers enable companies in recovering gas from reservoirs, located in remote and deep waters.
The process of liquefying gas involves lowering the temperature of natural gas to –160 degrees Celsius. Subsequently, via auto-refrigeration, liquefaction is maintained and LNG tankers are able to transport the gas to shore for storage or regasification.
In 2004, Teekay entered the LNG shipping market. Today, Teekay offers a variety of solutions within floating, storage and regasification units (FSRU) and floating liquefied natural gas (FLNG). Thus, Teekay’s flexibility and expertise within the gas market offer commercial solutions that are as extensive in range as they are high in flexibility.