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The #1 LNG Stock for 2020

TheMotleyFool 
0 0 03.09.19
The #1 LNG Stock for 2020Photo, wide shot, wide-angle lens, Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
 

By 2020, Cheniere Energy (NYSEMKT: LNG) hopes to be one of the top 5 global suppliers of liquefied natural gas. To do that, the company is banking heavily on two massive infrastructure projects, the Sabine Pass and Corpus Christi export terminals. Both projects are over 1,000 acres. The terminals will be responsible for receiving, cooling, and exporting natural gas from nearby plays such as the Permian Basin in West Texas.

Commonly referred to as LNG, liquefied natural gas is simply natural gas in its liquid form. To liquefy natural gas, it must be cooled to -260°F [-160°C], a process that condenses the gas to occupy 1/600th of its original volume. Natural gas will not burn in its liquid state, making LNG safe for international shipment. 

So, what makes LNG a valuable source of energy worth following and potentially investing in?

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Source Fool.com

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