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Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015
Japan on average pays $15.74 for a mmBtu of natural gas (million British thermal units), versus $3.64 for ... At the end of 2012 the Marcellus play was producing 138 million cubic feet of natural ...
The heating value depends on the source of gas that is used and the process that is used to liquefy the gas. The range of heating value can span ±10 to 15 percent. A typical value of the higher heating value of LNG is approximately 50 MJ/kg or 21,500 BTU/lb. [2] A typical value of the lower heating value of LNG is 45 MJ/kg or 19,350 BTU/lb.
January gas supplied by Russia to Europe was 1.7b m3 compared with 13b m3 average per month for the 2021 year. [32] The price of natural gas in Europe fell to an 18-month low in mid February of €49pmh with gas storage across the European Union at 65% capacity, well above the average of 45% at this time of year. [33]
The energy content (high or low heating value) of a volume of natural gas varies with the composition of the natural gas, which means there is no universal conversion factor for energy to volume. 1 cubic foot (28 litres) of average natural gas yields ≈ 1,030 Btu (between 1,010 Btu and 1,070 Btu, depending on quality, when burned)
The United States Geological Survey gives a figure of 6,000 cubic feet (170 cubic metres) of typical natural gas. [ 2 ] Due to the risk of confusion The Society of Petroleum Engineers recommends in their style guide that abbreviations or prefixes M or MM are not used for barrels of oil or barrel of oil equivalent, but rather that thousands ...
This volume of natural gas has the same energy content as one US gallon of gasoline (based on lower heating values: 900 BTU/cu ft (9.3 kWh/m 3) of natural gas and 114,000 BTU/US gal (8.8 kWh/L) for gasoline). [22] One GGE of CNG pressurized at 2,400 psi (17 MPa) is 0.77 cubic feet (22 litres; 5.8 US gallons).
According to the standard defined by the International Energy Agency, it corresponds in average to 38.2 petajoules (1.06 × 10 10 kWh) of energy in the case of Russian natural gas and 41.4 petajoules (1.15 × 10 10 kWh) of energy in the case of Qatar's natural gas. [1]
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