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You’re hearing a lot lately about LNG coming to the rescue of Europe. The media makes it sound like we’re going to throw a few jugs of liquified natural gas onto a boat and within weeks we’ll be helping Europe in a significant way out of Russian energy dependence. This episode will teach you the basics of the LNG world so that you can really understand what’s practical and possible behind the headlines. LNG from the United States can displace Russian LNG today. However, most of Russia’s supply is pipeline gas and not LNG. If you understand anything about LNG, where it comes from, how it’s made, how it’s used, you’ll understand that this goal, of helping Europe in a significant way be released from Russian natural gas, is really aspirational, in my opinion, in the short term. The amount of LNG required to displace Russia’s pipeline gas, and the facilities to process it, on both ends, (the US and Europe), is formidable. The liquefaction, storage, transportation, vaporization, and processing capabilities will take months and years to permit, design, construct and put into service. Once you watch this episode you’ll understand the LNG world and the real challenges.