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What is LNG

Chapter 6

Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance

Liquefied natural gas.

Published in Chapter:

Financial Analysis of Oil and Gas Exploration Companies Operating in Egypt

Özlem Olgu (Koc Univeristy, Turkey)

Source Title: Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance

DOI: 10.4018/978-1-4666-7288-8.ch006

Abstract

This chapter studied financial statements of the three main oil and gas E&P companies in Egypt comparing 2009, 2010, 2011 and 2012 figures. The analysis is conducted with the help of horizontal and vertical analysis of income statements and balance sheets as well as financial ratios. All financial statements are obtained from the corporate web sites of relevant companies.

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Chapter 7

Liquefied natural gas (LNG) is natural gas that has been transformed into a liquid state for ease and safety of transportation. Natural gas is cooled to around -260 degrees Fahrenheit, resulting in a transparent, colorless, and non-toxic liquid that may be transferred from locations with a substantial supply of natural gas to areas where there is a greater demand for natural gas. Natural gas takes up 1/600th of the space in its liquid condition, which means it is shrunk 600 times, making it considerably easier to ship and store when pipeline transport is not possible.

Published in Chapter: Investigating the Impact of COVID-19 on the Oil and Gas Supply Chain in the Middle East: A Case Study of Egypt; From: Cases on International Business Logistics in the Middle East

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What is LNG

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