Million British Thermal Units (MMBtu) – Definition and Pronunciation
What is MMBtu?
MMBtu, or Million British Thermal Units, is a unit of energy used to measure the heat content of fuels, particularly in the natural gas industry. It quantifies the amount of energy required to raise the temperature of one million pounds of water by one degree Fahrenheit.
Examples of MMBtu
The natural gas prices range from about $ 1,21/MMBTU in Mozambique for industrial customers to around $ 8,4/MMBtu for power generation in Ghana, with gas prices in Nigeria falling within the range.
From “LNG Market Trends in Global Gas Dynamics”.
The basis of pricing for LNG is normally related to the energy content of the fuel. LNG is often priced in terms of energy with units of $/kJ or $/MMBTU, while the energy content often has units of kJ/kg or BTU/lb.
From “LNG Bunkering: Technical and Operational Advisory”.
Larger plants, of around 100 000 tonnes per annum (200 MMcfd) can rival larger scale liquefaction economics of less than $2/MMBtu, and represent a commercially-viable application, depending on the price of the feedstock and the market being supplied.
From “New and Emerging LNG/CNG Markets”.
Pronunciation of MMBtu
