Create the new file (14Gig in this example) using fallocate as its quicker than dd
fallocate -l 14G /mnt/lvm_log/swapfile
now make it rw only by root
chmod 600 /mnt/lvm_log/swapfile
now make it a swap file
mkswap /mnt/lvm_log/swapfile
swap on to it
swapon /mnt/lvm_log/swapfile
check the loveliness
[root@db01 log]# swapon --summary
Filename Type Size Used Priority
/dev/dm-1 partition 4128764 23416 -1
/mnt/lvm_log/swapfile file 14680060 0
add it to fstab
vi /etc/fstab
.....
# new swap file
/mnt/lvm_log/swapfile none swap defaults 0 0