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to1 tcf of gas is equal to 28.3 bcm. 1 bcm of natural gas is equal to 35.

5 trillion British
Thermal Units (or 35,500,000 mmbtu) is equal to 35.3 billion cubic feet (bcf), is equal
to 0.83 million tons oil equivalent (mmtoe) (or 900,000 tons according to the Israeli
ministry of energy conversion rate), is equal to 6.1 million barrels oil equivalent
(mmboe) (or 6.6 according to the conversion rate used by the Israeli Ministry of
Energy), is equal to 17.23 thousand barrels of oil, is equal to 96.7 million standard
cubic feet, is equal to 0.73 million tons of LNG.
1 million ton of oil equivalent of natural gas = 1.11 bcm of natural gas
1 bcm of gas is equal to 678,000 tons of gas.
1 bcm of gas or 35.5 million mmbtu of gas = to find the equivalent in gasoil one has
divide by 43.218 to get amount in tons (then find the price of gasoil in tons and you get
the equivalent price of gasoil per 1 bcm of natural gas) or for fuel oil/mazut divide by
1 MTPA of LNG = 48.7 Bcf/y.
One million tons of LNG is equal to between 1.38 – 1.41 bcm of gas.
1 tcf = 172 mmboe
To go from bcm a month to mmcf a day, multiply the bcm by 35.32 and divide by
6.1 mcf = 1 bbl (BOEs may be misleading, particularly if used in isolation. A BOE
conversion ratio of 6 McF: 1 bbl is based on an energy equivalency conversion method
primarily applicable at the burner tip and does not represent value equivalency at the
well head.
1,000 cm (kscm or mcm or thousand cubic meters) is 36.2 MMBtu. To convert a price
from $1,000 cm to $/MMBtu = divide the $mcm 36.2 to get the price in $/MMBtu
1 MMBtu = 27.6 kscm/mcm. so if 1 MMBtu is $7, that is 27.6 mcm at $7, so to reach
the price of 1,000 kscm take $7 divided by 27.6 multiplied by 1,000
You can convert prices from one basis to another:
$ per Ccf divided by 1.032 = $ per therm
$ per therm multiplied by 1.032 = $ per Ccf
$ per Mcf divided by 1.032 = $ per MMBtu
$ per Mcf divided by 10.32 = $ per therm
$ per MMBtu multiplied by 1.032 = $ per Mcf
$ per therm multiplied by 10.32 = $ per Mcf
If you have the price of natural gas in tons and want to convert it to the price per mmbtu:
1 bcm of gas is equal to 678,500 tons of gas. 1 bcm is equal to 36,000,000 mmbtu and
one ton of natural gas is equal to 52.4 mmbtu (as per IEC data book). Thus, you take the
price per ton (e.g. 815 NIS per ton) and divide this by 52.4 to get the price per mmbtu in
shekels and then convert it to dollars.
To calculate the price in mmbtu if you have the price in bcm. For each 1 bcm divide the
total sale price by 1 billion and multiply by 28.317. Example: If 1 bcm of gas costs
$250,000,000. Divide this figure by 1,000,000,000 and multiply by 28.317. This
assumes the gas has CV of 1,000 btu/cu ft. At the assumed CV of 1,000 btu/ft3 there are
35,315 btu per m3. This means there are 28.317 m3 per mmbtu. Obviously the price
would go up or down if the CV was higher or lower than the assumed 1,000 btu per ft3.
To convert from BCM to mmbtu: multiply the bcm by 1 billion (e9) and divide by 28
(e.g. 50 bcm multiplied by 1 billion divided by 28 = 1,785,714,286 mmbtu
To convert the price of 1 mmbtu of gas into the price for 1 bcm, multiply the price by
36.7 million, so that if for instance natural gas is priced at $5 mmbtu then the value for
each 1 bcm is $183.5 million.
To convert a quantity of gas of 1 bcm per year into mmscfd (if gas has CV of 1,000):
Multiply 1 bcm * 35.315 and divide by 365
To get amount of mmscf per hour divide by 24
If want to know how much a station uses per year multiply by number of annual hours
(e.g. 7,000)
To convert quantities from mmbtu to bcm multiply the mmbtu by 28 and divide by
1,000,000,000. For example 7660000 mmbtu per annum of natural gas consumption is
equal to 0.21448 bcm.
To convert from billion cubic feet to billion cubic meters divide the bcf figure by 35.3.
To convert from bcm to bcf * by 35.3.
To obtain the prices of an mmbtu of gas if one has the price in a thousand cubic meters,
one needs to divide the price by 35.315.
To link the price of natural gas to that of oil (e.g. Brent) one needs to divide the price by
5.8, so that if for instance Brent costs $80 a barrel, the equivalent in mmbtu of natural
gas would be $13.79. Since natural gas is often sold at a discounted percentage of oil
(potentially 50% thereof), a formula could be something like 50% * (brent/5.8).
To convert to the price in tons equivalent one would need to multiply by 7 so that $80 a
barrel would be equal to $420 ton.
To convert the price of gas from $/MW to $/MMBtu divide by 3.408
HFO – to convert from bbls of Brent to tons of HFO multiply the Brent by 7.54. If you
want to then convert the price from Brent to. To go from $/tons of HFO to mmbtu in
HFO (divide the HFO $/tons by 43.6*1.0551). To link the price of natural gas to that of
HFO one needs to take the price of HFO in tons and since there are roughly 7 barrels in
a ton, one can divide the price (e.g. $500 / 7 = $71 a barrel). The difference in this
example in the price of oil and fuel oil (or $80 difference) is the refining and delivery
margin on ready to use FO.
To understand the price of gasoil in mmbtu: If you obtain the price in cents per UK
Gallon you first need to convert to US Gallon. To do this multiply by 1.2. Then you
need to get the price in $ per ton, to do this multiply by 262. Then you need to get the
price in $ per GJ, to do this divide the $ per ton by 45.6 to get the price in $ per GJ. Then
from GJ to mmbtu divide by 1.055 to get the price of the gasoil in mmbtu.
If a natural gas price is quoted as an indexation of a percentage of Brent (e.g. between
13%-15% of Brent) this means 0.13 X Brent to 0.14 x Brent. In other words 13 x 5.8 =
approx 75 % of energy value of Brent to 14 x 5.8 = approx 81% of energy value of
Brent. So 75% to 81%. So at $100 Brent, it is $13 to $14 per mmbtu.
1 mmbtu = approx. 1 mcf. 35.3 bcf = 1 bcm (35,300 mmcf = 1 bcm)
To convert from $/MWh to cents per kwh, divide by 1,000. For example, $85.52 per
MWh is the same as 8.552 $cents per kwh.
Consumption of 10 bcm of natural gas per year * 35.35 = 353 bcf a year (353 billion
cubic feet per year). 353 bcf per year is an approximate consumption of 1 bcf per day. 1
bcf of flow a day requires 10 wells at 100 million cubic feet a day, 15 wells or 20 wells
at 50 million cubic feet a day. If a gas field holds 8 tcf of natural gas this is equal to
8,000 bcf. 8,000 bcf divided by 353 bcf per year = 22 years of consumption. One well
can produce about 75 million cubic feet of gas per day, thus about 13-14 wells would be
If you want a simple conversion from cost of natural gas to cost per kwh of power
(without taking into consideration any opex, capex and other costs), then one needs to
take the cost of natural gas ($/mmbtu) divided by (293) then divided by the assumed
efficiency of the power station (e.g. if it is a 44% efficient power station divide by 0.44)
and this then equals $ cents per KwH cost of generation (namely the cost of generation
1 KWH of electricity with thus the natural gas element).
To calculate the price of the conversion of natural gas price ($/mmbtu) to electricity
prices (cents/kWhr) = You take 1 mmbtu which is equal to 293 KWH at 100% plant
efficiency. You then divide the price of the natural gas per mmbtu (e.g. $8 mmbtu) by
293 to get the price for 1 KwH and you get $0.027 (= 2.7 cents). If the power station’s
efficiency is 44% you then divide the 2.7 cents by 44% (by 0.44) and you get 6.2 US
In a power plant, the conversion rate of MMBTU to MHW hours determines the plant’s
efficiency and is known as the plant’s heat rate. 1 MWH is equivalent to 3.412
MMBTU. Thus if a generator could convert all of the energy from the fuel into electric
energy, its heat rate would be 3.412 MMBTU/MWH. Generators cannot come
anywhere close to 100% efficiency. The better units being around 50% efficiency. This
translates into a heat rate of 6.824 MMBTU/MWH, meaning that producing one MWH
of electric energy requires burning fuel with a heat content of 6.824 MMBTU. 1 MWH
is thus equal to 3,412,142 btu. 1 KWH is equal to 0.003412 MMBTU or 3,412 BTU
1 ton of LNG = 52.21 mmbtu (HHV); 1350-1380 m³ of gas (standard) (in Israel the
figure is 1451) , 2.2 m³ of LNG
1 m³ of LNG = 0.46 tons of LNG, 23.9 mmbtu; 584 m³ of gas (standard) (In Israel there
is no official publication of the ratio);
1 m³ of gas (standard) = 27.6 mmbtu (HHV)
To convert from cubic meters of LNG into tons of LNG one has to divide by 2.18 or
multiple by 0.46 (so 165,000 cubic meter container of LNG is 75,837 mt of LNG).
To convert from €/kwh to $/mmbtu: first get the exchange rate of the $/€ exchange rate
(e.g.) 0.92 $ per €) then multiply by 293. So: 0.037 €/kwh becomes $11.78 per MMBtu.
If one wants to compare the price of natural gas to that of coal one divides the price of
coal in tons (e.g. $110 ton) by 24 to get the price of coal in mmbtu.
To get from daily power station gas requirement in energy terms – MMBtu – to power
station diesel requirement in tonnes, need to divide the mmbtu by 43.2187 which is the
conversion factor based on the number of MMBtu in each tonne of diesel. Each KwH of
electricity requires 0.003412 mmbtu’s of energy. Obviously the calorific value of diesel
varies so the conversion factor is not exact, but it is a ‘typical’ number that is pretty
constant. If one then has the cost of diesel in tons one can divide this figure by 43.2187
to get the cost of diesel per mmbtu.
To calculate the cost of electricity generated by diesel per KwH, one multiplies the
diesel price per mmbtu by the annual fuel output required by a particular power station
(amounts of mmbtu’s required) which is adjusted according to a power plant’s
efficiency then divide by the annual KwH output (which is the size of the station * the
amount of hours it will generate) to give the price of $/KwH and multiply this by 100 to
show the price in c/Kwh.
To convert U.S. dollars per 107 kilocalories to U.S. dollars per million British thermal
units (Btu), multiply by 0.0252.