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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]
The chart shows a 75-year history of annual United States natural gas production and average wellhead prices ... U.S. natural gas prices were relatively stable at ...
United States Henry Hub natural gas prices The Title Transfer Facility , more commonly known as TTF , is a virtual trading point for natural gas in the Netherlands. This trading point provides facility for a number of traders in Netherlands to trade futures, physical and exchange trades.
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 ...
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.
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.
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