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HomeOilWhat about natural gas

What about natural gas

in the life, to cook, boil water, cannot leave.

With all those gas bills, do you know how gas works?

Pipeline natural gas is usually meter read to the household, each household has a meter, the consumption of gas volume (cubic meters), different places, but most of the price is about 2-3 yuan/square, specific can consult the local gas supply department.

In fact, natural gas metering includes volume metering, mass metering and energy metering.

But the way of our domestic measurement is basically volume measurement.

As for energy measurement, it has become the development trend of international natural gas trade and consumption measurement and settlement.

Developed countries established relatively perfect regulations, standards and detection methods for natural gas trade measurement in the 1990s.

Developed countries in Europe and the United States all adopt energy measurement. Global LNG () international trade is mainly divided into three markets: North America, Europe and Asia-Pacific region.

Among them, the trading price of LNG in North America is completely marketized, and the spot or futures price of Henry Hub in the United States is the benchmark price.

LNG trading prices in Europe are mostly priced in tandem with alternative fuel prices.

LNG trading prices in the Asia-Pacific region are mostly directly linked to imports.

Although LNG trading is priced differently in various regional markets and spot trading prices vary widely, the measurement is based on energy in US dollars per MMBtu.