what does Lng mean
DEFINITION of 'LNG'. LNG, or liquefied natural gas, consists mostly of methane and is cooled to approximately -256 degrees Farenheit so that it can be transported from countries that have more natural gas than they need to countries that use more natural gas than they produce.REAKING DOWN 'LNG'. Despite having one of the world's largest reserves of natural gas, the United States imports a small percentage of its natural gas as LNG from Trinidad and Tobago, Egypt, Norway, Qatar, and Nigeria. Other major exporters of LNG include Indonesia, Russia, Yemen, and Norway.