CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country receives first consignment of LNG from United States?
A
India
B
Pakistan
C
Saudi Arabia
D
Australia
Explanation: 

Detailed explanation-1: -Jan. 3, 2023, at 5:45 a.m. BERLIN (AP)-The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it previously received from Russia.

Detailed explanation-2: -The United States began exporting liquefied natural gas (LNG) from the Lower 48 states in February 2016, reflecting a decade of dramatic growth in natural gas production and the development of new LNG export facilities.

Detailed explanation-3: -As of 2022, Australian terminals for liquefied natural gas exports had a combined capacity of 87.6 million metric tons per year. Australia and Qatar are currently the major exporting countries of LNG, followed by the United States, which has an annual capacity of 73.9 million metric tons.

Detailed explanation-4: -Liquefied Natural Gas Stock FAQs Here are three top options for investors to consider: Cheniere Energy: It’s the leader in producing and exporting LNG in the U.S. Shell: It’s a world leader in LNG. Its integrated business includes gas supply, LNG export and import infrastructure, and a leading marketing operation.

Detailed explanation-5: -1940: The first full-scale commercial LNG plant was built by East Ohio Gas in Cleveland, Ohio. 1944: The industry faced a setback when the plant failed. Thousands of gallons of LNG escaped from the plant, and 130 people died.

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