Search results
Results from the WOW.Com Content Network
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
The average LNG price for June delivery into northeast Asia <LNG-AS> was estimated at a new record low of around $1.85 per million British thermal units (mmBtu) on Friday, $0.10 per mmBtu lower ...
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 ...
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.
Japan on average pays $15.74 for a mmBtu of natural gas (million British thermal units), versus $3.64 for ... Many experts see natural gas prices in the US rising to $5-6 mmBtu by 2015 when North ...
LNG carriers of increasing size have been built since then, leading to the fleet of today, where giant Q-Max LNG ships sail worldwide that can each carry up to 266,000 m 3 (9,400,000 cu ft). A boom in U.S. natural gas production was enabled by hydraulic fracturing ("fracking"), creating large growth in natural gas production from 2010. [2]
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).