What is LNG
The history of LNG is an example of how great innovations change global economic history. The first liquefaction of gas was performed in 1823 by a brilliant British physicist and chemist Michael Faraday. Sixty years later in Cracow, Polish physicist Florenty Wróblewski and a chemist Karol Olszewski made a ground-breaking discovery – they liquefied air components, oxygen and then nitrogen. This achievement was so significant that it was remembered long after Wróblewski's death (he died in 1888) and in 1976 the International Astronomical Union named a Moon crater after his name.
After the discovery made by the Polish scientists, the history of LNG progressed fast; in 1896, a German engineer and entrepreneur Karl Paul Gottfried von Linde constructed the first refrigerator and then the first facility for liquefying LNG was opened in western Virginia in 1917, and the first commercial liquefaction facility was constructed in Cleveland, Ohio (USA) in 1941; it produced 76 tons of LNG daily (modern terminals produce one thousand times more).
The first transport of liquefied natural gas took place in January 1959; an adjusted World War 2 transporter ship named “The Methane Pioneer" sailed out of Lake Charles in Louisiana (USA) and transported LNG to Canvey Island in Great Britain. World-scale expansion of the LNG trade began in 1964, when the British Gas Council began to regularly import LNG from Algeria.