1 cubic meters of natural gas is equal to how much MBTU
Example 2: U.S. residential natural gas price of $10.33 /1000 CF converted into RMB1000 CF = 28.3 m3; $1 =6.15 yuanSo $10.33 /1000 cf=10.33 x 6.15/28.3=2.24 yuan / m3In the international trade of liquefied natural gas (LNG), natural gas is priced at US $/MBtu.Because the 1MBtu is about 28.3 M3Then 1 tons of natural gas =1360 m3 gas =1360/28.3 MBtu=48.2 MBtu
1MBtu (mmbtu) = CF (1000 cubic feet) is 28.3 m3 (M3)Example 1: U.S. natural gas vehicle gas price of $8.04 /MBtu, equivalent to RMB
Natural gas is converted into RMB denominated: $/MBtu / m3In the world, natural gas is sold by the heat value, the unit is commonly used as a million British thermal units (MBtu), while China is sold by volume, commonly used units of cubic meters (M3).
