The Market Ticker - Gee, Where Did I Put That Sign?
Oh, you know the one…
I’m speaking of Iran, of course.
The Iranians apparently fired on a LNG tanker (!!!) which was hit and damaged. When it comes to “very bad things” in terms of mishap, whether due to deliberate action (e.g. a missile) or otherwise an LNG tanker is about as bad as it gets. LNG is a supercooled liquid that only remains so due to extremely low temperature and if the tankage is breached it will both freeze anything it comes in contact with and return to its gaseous state immediately. This isn’t as bad a situation as a large propane tanker because CH4 (which is what LNG is, just in liquid form) is quite light — about half the density of ordinary air — so it will not “hug the ground” as it expands.
But expand it will, greatly and rapidly, as it changes phase back to a gas, and if there is an ignition source wherever the concentration is between…….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=255671
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