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What is the Unit of measurement of natural gas on nymex?
NYMEX gas prices are quoted in terms of USD/MMBTU - in other words dollars per million British Thermal Unit. Contracts are traded in 10,000 MMBTU (10 Billion BTU) lots.
1 kg of natural gas how much MMbtu?
10 mmBTU = kg formula LNG
How much does it cost to use natural gas?
$4.80 per (million mectric british thermal units) in short form MMBtu =D =) =P
How much cheaper is natural gas heating than oil heating?
== == It depends on where you live and the cost of the fuel. You have to convert to the heating value of gas and oil, factor in efficiency, and then compare the cost per BTU's. For example: Determine the cost of gas vs. oil in your area: For example, heating oil in Seattle is $4.10 per gallon while gas is $1.09 per therm. Next, calculate the cost of fuel per MMBTU's. Knowing that heating oil has 138,690 BTU per gallon and natural gas has 100,000 BTU per therm, you can calculate using this equation: $ cost --------- X 1,000,000 = cost per MMBTU BTU's The result of the above step is $29.56/MMBTU for oil, and $10.87/MMBTU for gas. Next, divide the above by the efficiency of the furnace. Oil furnaces are 80 to 90% efficient and gas furnaces are typically 83% efficient. The net cost of the fuel per MMBTU is $34.78 for oil and $13.09 for gas in this scenario. If your old house uses 63 MMBTU a heating season, that is a total of $2,200 for oil and $824 for gas for the whole heating season
How much is natural gas?
Natural Gas prices vary depending on the associated market & season. Prices can vary from $5.00 - $9.00/MMBtu depending on the before mentioned variables (and has gone for as high as $25.00 during periods of greatly constrained supply.)
What is current price of Henry hub spot natural gas?
About $ 4.283 per british thermal unit (mmBtu) dec 29th 2010
What is the Unit of measurement of natural gas on nymex?
NYMEX gas prices are quoted in terms of USD/MMBTU - in other words dollars per million British Thermal Unit. Contracts are traded in 10,000 MMBTU (10 Billion BTU) lots.
How many MMBtu are there in 130000000 cubic feet of natural gas?
1MCF = 1 MMBTU so 130 MCF = 130 MMBTULet me know if you have any confusionUnfortunately, this is incorrect. An MCF of natural gas is a thousand cubic feet; an MMBTU is a million BTU of energy. (The confusion stems from the use of M for thousand, probably from the french mille.) So the correct answer is 130,000 MMBTU.
1 kg of natural gas how much MMbtu?
10 mmBTU = kg formula LNG
How much natural gas is required to produce a ton of urea?
Each ton of Urea will need 930 cubic meter of natural gas. It will require 230 cubic meter for conversion and nearly 700 cubic meter for input chemical. In MMBTU terms, it will require nearly 27 MMBTU. In calorific value, it will require 7 Giga calories.
How much does it cost to use natural gas?
$4.80 per (million mectric british thermal units) in short form MMBtu =D =) =P
How many MMBTU is equivalent to Normal cubic meters?
The "BTU" is a unit of energy. The "MMBTU" is a million of them ... still a quantity of energy. The "cubic meter" is a unit of volume. If the substance filling the volume is named ... and its pressure also specified in the case of a gas ... then it's possible to begin calculating the quantity of energy available when the substance is burned.
How much cheaper is natural gas heating than oil heating?
== == It depends on where you live and the cost of the fuel. You have to convert to the heating value of gas and oil, factor in efficiency, and then compare the cost per BTU's. For example: Determine the cost of gas vs. oil in your area: For example, heating oil in Seattle is $4.10 per gallon while gas is $1.09 per therm. Next, calculate the cost of fuel per MMBTU's. Knowing that heating oil has 138,690 BTU per gallon and natural gas has 100,000 BTU per therm, you can calculate using this equation: $ cost --------- X 1,000,000 = cost per MMBTU BTU's The result of the above step is $29.56/MMBTU for oil, and $10.87/MMBTU for gas. Next, divide the above by the efficiency of the furnace. Oil furnaces are 80 to 90% efficient and gas furnaces are typically 83% efficient. The net cost of the fuel per MMBTU is $34.78 for oil and $13.09 for gas in this scenario. If your old house uses 63 MMBTU a heating season, that is a total of $2,200 for oil and $824 for gas for the whole heating season
How to convert Therms to MMBtu?
I was just researching this same question today. Here's what I found hope it helps. 1 Therm = 100,000 BTU 10 Therms = 1MMBTU ( Million BTU's ) Therefore to convert from MMBTU to Therms, multiply the MMBTU figure by 10 to get Therms. Note: Therm to BTU conversion is based on the amount of energy obtained from burning 1 Therm (100 cubic feet of natural gas). This value is not exact, but close, and could be different from one natural gas field to another.
How much is natural gas?
Natural Gas prices vary depending on the associated market & season. Prices can vary from $5.00 - $9.00/MMBtu depending on the before mentioned variables (and has gone for as high as $25.00 during periods of greatly constrained supply.)
How do you find heating value of natural gas?
about 1,000 BTU/ft3. See related link. It is not exact because natural gas composition varies. A richer gas would have a higher heating value. The cubic feet (ft3) is often abbreviated scf, or standard cubic feet, measured at 60 deg F and 14.7 psia. Future market gas prices at quoted in $/mmBTU or dollars per million BTU (currently around $4/mmBTU), equivalent to $4.00/Mscf. See related site.
How much money does natural gas cost?
natural gas Will average $3.75 for 2013.Answer:Natural gas prices vary with demand and local availability. In winter 2012, benchmark Intra-Alberta and Henry Hub prices averaged $2.61 per gigajoule (GJ) and US$3.06 per million British thermal units (MMBtu). In comparison May monthly Intra-Alberta and Henry Hub prices declined to a low of $1.56 per GJ and US$2.03 per MMBtu.
