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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.
Asian spot liquefied natural gas (LNG) prices eased this week as concerns about a tight market eased after the resumption of Russian gas flows via Nord Stream 1 after its 10-day maintenance. The ...
The average LNG price for October delivery into north-east Asia was estimated at $70.50 per million British thermal units (mmBtu), up $13.50, or 23.7%, from the previous week, industry sources said.
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 April delivery into north-east Asia was estimated at $38.00 per metric million British thermal units (mmBtu), down $2.50, or 6.2% from the previous week, industry sources ...
Liquified Natural Gas (LNG) contracts are legal agreements for the sale and purchase of LNG between sellers and buyers. [9] LNG is an energy commodity, like crude oil, allowing for a price relationship between the two. [10] LNG contract pricing has been based on the JCC index since the 1970s. [11]
Between December 15 and December 23 natural gas prices fell €49 to €85 due to a combination of high LNG imports, high levels of storage and lower demand in Europe. [ citation needed ] At 28 December, the EU storage capacity was at 83.2% and the price of January delivery gas had fallen to €76.18pmh.
Substitute natural gas (SNG), or synthetic natural gas, is a fuel gas (predominantly methane, CH 4) that can be produced from fossil fuels such as lignite coal, oil shale, or from biofuels (when it is named bio-SNG) or using electricity with power-to-gas systems.