Storage at the terminals and on LNG carriers is done in cryogenic tanks at atmospheric pressure or slightly above, up to 125 kPa. The tanks are insulated, but will not keep LNG cold enough to avoid evaporation. Heat leakage will heat and boil off the LNG. Therefore LNG is stored as a boiling cryogen, which means that the liquid is stored at its boiling point for its storage pressure (atmospheric pressure), i.e., about -162 ºC. As the vapor boils off, heat of vaporization is absorbed from and cools the remaining liquid. The effect is called auto-refrigeration. With efficient insulation, only a relatively small amount of boil-off is necessary to maintain temperature. Boiloff gas from land-based LNG storage tanks is compressed and fed to natural gas pipeline networks. On LNG carriers, the boil-off gas can be used for fuel.

At the receiving terminal, LNG is stored in local cryogenic tanks. It is regasified to ambient temperature on demand, commonly in a sea water heat exchanger, and then injected into the gas pipeline system.