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The unit Mbtu is used in natural gas and other industries to indicate 1,000 Btu. [12] [13] However, there is an ambiguity in that the metric system (SI) uses the prefix "M" to indicate 'Mega-', one million (1,000,000). Even so, "MMbtu" is often used to indicate one million Btu particularly in the oil and gas industry. [14]
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.
One GGE of natural gas is 126.67 cubic feet (3.587 m 3) at standard conditions. 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).
Natural gas meters measure volume and not energy content, and given that the energy density varies with the mix of hydrocarbons in the natural gas, a "therm factor" is used by natural gas companies to convert the volume of gas used to its heat equivalent, usually being expressed in units of "therms per CCF" (CCF is an abbreviation for 100 ...
Since this is a measurement of mass, any conversion to barrels of oil equivalent depends on the density of the oil in question, as well as the energy content. Typically 1 tonne of oil has a volume of 1.08 to 1.19 cubic metres (6.8 to 7.5 bbl).
Falling demand from China drove Asian spot prices for prompt deliveries of liquefied natural gas (LNG) to new lows this week of around $2.70 per million British thermal units (mmBtu). The average ...
Million standard cubic feet per day is a unit of measurement for gases that is predominantly used in the United States.It is frequently abbreviated MMSCFD. MMSCFD is commonly used as a measure of natural gas, liquefied petroleum gas, compressed natural gas and other gases that are extracted, processed or transported in large quantities.
Under the order awarded this month, Chart Industries will support Phase 1 of the Louisiana LNG project by providing two LNG plants with 16 cold boxes for 11. Chart Industries, Inc. (NYSE:GTLS ...