LNG Definition

GLOSSARY

Published by a ��Ƶ Energy expert

What does LNG mean?

Liquefied natural gas (LNG) can be defined as meaning any combustible hydrocarbon or mixture of hydrocarbons consisting primarily of methane and including other combustible and non-combustible gases in a gaseous state which are in a liquid state at or near atmospheric pressure at sea level. LNG is a form of processed natural gas; through the process of liquefaction it is transformed into a liquid which enables it to be transported to its destination where the liquid is regasified for sale.

View the related practice notes about LNG

EU Energy Efficiency Directive—issues for public bodies

EU Energy Efficiency Directive—issues for public bodies Background and key objectives Directive (EU) 2023/1791 of the European Parliament and of the Council of 13 September 2023 on energy efficiency (the recast EED) was published in the Official Journal on 20 September 2023. Member States must transpose the majority of provisions of the recast EED into national law by 11 October 2025 to allow for the application of the revisions from 12 October 2025, subject to some article-specific exceptions as detailed in Article 37. The existing Energy Efficiency Directive (Directive 2012/27/EU) will be repealed with effect from 12 October 2025. For more information on the position under the original EED, see Practice Note: Energy Efficiency Directive 2012/27/EU—snapshot. The recast EED updates the EU’s energy efficiency framework to align it with the goal of achieving net zero by 2050. It increases the EU’s overall 2030 energy efficiency target, with the aims of reducing demand for new power generation capacity, cutting costs relating to storage, transmission and distribution, and reducing energy...

Case C-847/19 Achemos Grupė and Achema v Commission [Archived]

Case C-847/19 Achemos Grupė and Achema v Commission [Archived] CASE HUB ARCHIVED—this archived case hub reflects the position at the date of the judgment of 29 April 2021; it is no longer maintained. See further, timeline. Case facts Outline Case C-847/19 Achemos Grupė and Achema v Commission–appeal of the General Court’s judgment in Case T-417/16 which dismissed an action for the annulment of the European Commission decision of 20 November 2013 finding that aid granted for the construction of the Lithuanian LNG Terminal in the Klaipéda Seaport was compatible with the State aid rules (Case SA.36740). Latest developments On 29 April 2021, the Court of Justice issued its judgment, dismissing the appeal in its entirety. Parties Applicants:• Achemos Grupé UAB (Vilnius, Lithuania) and • Achema AB (Jonava, Lithuania) (together, the Applicants)Defendant:• European Commission Background Background to the dispute On 18 January 2007, the Lithuanian Parliament approved the national energy strategy for 2008–2012 which highlighted the need to look into the possibility of building...

Discover our 70 Practice Notes on LNG

Greener and More Efficient HGVs in Road and Multimodal Transport Agreements (The Chancery Lane Project)

Greener and More Efficient HGVs in Road and Multimodal Transport Agreements (The Chancery Lane Project) This Precedent requires contracting carriers to use energy efficient vehicles for any road carriage under a transport agreement, or otherwise specify that a percentage of road journeys will use green HGVs. These sustainability clauses were produced by The Chancery Lane Project (TCLP) as ‘Greener and More Efficient HGVs in Road and Multimodal Transport Agreements’ and are reproduced with permission (and with some minor editorial changes). TCLP is the code name for the focused and collaborative effort of lawyers from around the world to develop new contracts and model laws to help fight climate change. For more information, see: chancerylaneproject.org. ��Ƶ® is proud to support the work of TCLP. Definitions Alternative Fuel • means fuel or power sources which serve, at least partly, as a substitute for fossil fuel sources in the energy supply to transport and which have the potential to contribute to its decarbonisation and reduce the Carbon Footprint and includes but is not...

Sustainability definitions (The Chancery Lane Project)

Sustainability definitions (The Chancery Lane Project) 1.5°C Aligned 1.5°C Aligned • [means that the level of ambition of [insert name of the organisation] targets to reduce GHG Emissions and its Climate Change Mitigation Measures are consistent with achieving the goal in Article 2.1(a) of the Paris Agreement to pursue efforts to limit the global temperature increase to 1.5°C above pre-industrial levels with little to no overshoot. OR means that [insert name of the organisation] targets to reduce GHG Emissions and Climate Change Mitigation Measures are aligned with scenarios that yield a long-term global warming outcome of 1.5°C above pre-industrial levels [with [60%] probability and [no OR less than 0.1%] overshoot]. ] 100% Renewable Energy and Renewable Energy Sources 100% Renewable Energy • means an energy system where all the energy used is sourced from Renewable Energy Sources. Renewable Energy Sources • means naturally replenishing non-fossil sources of energy, including but not limited to [regenerative biomasses (wood, municipal waste, biomass and landfill gas, ethanol, biodiesel), hydropower and tidal...

Dive into our 2 Precedents related to LNG

Financial Services weekly highlights—24 October 2024

This week's edition of Financial Services weekly highlights includes: FCA Mansion House speech on growth addresses enforcement proposals; Eurosystem updates its cyber resilience strategy; FSB Chair's letter to G20 sets out FSB’s work to maintain financial stability amidst technological advancements; plus dates for your diary over the coming week.

Risk & Compliance weekly highlights—24 October 2024

This week's edition of Risk & Compliance weekly highlights includes: the latest sanctions news, the initiation of a consultation on collective redundancy and fire and rehire practices, the publication of a timeline for the commencement of key provisions of the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) by Companies House, the submission of the Whistleblowing Protections Bill and the publication of guidance by the National Cyber Security Centre (NCSC) on effective communications in cyber security incident.

Read the latest 170 News articles on LNG

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

Case studies

"We have to become more agile as our clients' expectations and requirements change. The only thing we know is that tomorrow is going to be different and we must be prepared. With ��Ƶ, I feel more confident of that we're ready every time."

Wolverhampton County Council

Access all documents on LNG

GET ACCESS NOW

Top

Trial

��Ƶ

GLOSSARY

LNG definition

What does LNG mean?

View the related practice notes about LNG

EU Energy Efficiency Directive—issues for public bodies

Case C-847/19 Achemos Grupė and Achema v Commission [Archived]

View the related precedents about LNG

Greener and More Efficient HGVs in Road and Multimodal Transport Agreements (The Chancery Lane Project)

Sustainability definitions (The Chancery Lane Project)

View the related News about LNG

Financial Services weekly highlights—24 October 2024

Risk & Compliance weekly highlights—24 October 2024

Call us on

Popular Links

HELP & SUPPORT

LEGAL SOLUTIONS

Policies

������Ƶ

Related Content

GLOSSARY

LNG definition

What does LNG mean?

View the related practice notes about LNG

EU Energy Efficiency Directive—issues for public bodies

Case C-847/19 Achemos Grupė and Achema v Commission [Archived]

View the related precedents about LNG

Greener and More Efficient HGVs in Road and Multimodal Transport Agreements (The Chancery Lane Project)

Sustainability definitions (The Chancery Lane Project)

View the related News about LNG

Financial Services weekly highlights—24 October 2024

Risk & Compliance weekly highlights—24 October 2024

Call us on

Popular Links

HELP & SUPPORT

LEGAL SOLUTIONS

Policies

��Ƶ