It is likely to decrease Maxwell's energy use by over 41,000 MMBtu (one million British Thermal Units
) or 12 GWh (gigawatt hours) per year, enough to power nearly 1,100 American homes, and will help the base better meet its energy intensity reduction goals.
The company added that the Verona 1-23-14XH flowed at an initial 24-hour test rate of 3,339 barrels of oil equivalent per day, comprised of 2,345 barrels of oil, or 70% of production, and 6.0m cubic feet of 1,370-Btu natural gas (British thermal units
Traders said that the outage of the huge facility, located on Australia's northwestern coast, could support Asian LNG prices which have slumped by almost 80 per cent from their peak in 2014 to $4.30 per million British thermal units
. Prices have plummeted as supply has soared but demand has stalled.
The project encompasses building wide-scale installations for importing 3,000 British thermal units
per day of liquefied natural gas to meet the mounting local consumption demand, he said.
INDIA wants Iran to lower the price of natural gas to $ 1.5 per million British thermal units
for the urea plant that its plans to set up at Chabahar port in the Middle East country while Tehran has offered a price of $ 2.95.
(Alba) has been notified by the Bahrain Petroleum Company (BAPCO) that the National Oil and Gas Authority of Bahrain (NOGA) has issued a directive to increase natural gas prices from US$ 2.25 per million British thermal units
(MMBTU) to US$2.50 per MMBTU effective 1 April 2015.
The government has raised gas prices for cement factories to $8 per million British Thermal Units
(BTUs) compared to $6 previously, while fuel oil increased from EGP 1,500 to EGP 2,250 per tonne.
China currently pays $US15 per million British thermal units
(BTU) for Australian LNG, according to the Australian Financial Review.
According to Globes, Edeltech plans to bid in the Cypriot tender and wants to buy gas from Tamar at $7 per million British Thermal Units
. The cost of transporting gas from Israel to Cyprus is estimated at $2.50 per million British Thermal Units
, giving a final price of around $10 per million British Thermal Units
, compared with the current price of $18 per million British Thermal Units
An agreement came out of the negotiations with France's Total and GDF Suez at the end of 2012 stipulating the sale of LNG at $7.21 per million British thermal units
(mmBtu), Ahmed Dares was quoted as saying in state-run newspaper The previous price of $1.50 per mmBtu will hold until the end of 2013, the paper said.
Among the studied options is over USD 3 (EUR 2.36) per million British Thermal Units
(BTU) for the current gas production and USD 6 per million BTU for future gas from unconventional deposits.
Henry Hub natural gas prices added 1.1 cents to $2.453 per million British thermal units
Energy Information Administration publications are expressed predominately in units that historically have been used in the United States, such as British thermal units
, barrels, cubic feet, and short tons.
Summary: PERTH - Asian spot prices of liquefied natural gas (LNG) held steady between $9.50 and $10.00 per million British thermal units
in a quiet market ahead of the New Year holiday, analysts and traders said on Friday