MmBTU

RECENT NEWS
The Economic Times  May 2  Comment 
India is currently paying less than $5 per million British thermal unit for 7.5 million tonnes a year of LNG it buys from RasGas of Qatar.
Commodity Online  Jun 24  Comment 
With weak demand in Asia this summer and limited incremental demand from Latin America, the UK could continue to receive several LNG cargoes for the next couple of months, further depressing NBP natural gas prices.
Commodity Online  May 7  Comment 
Inventories of natural gas in the US are at the lowest level in last 11 years due to coldest winter in recent history. Worries that stockpiles will not be filled to levels required for next winter will cause price volatility to increase in coming...
Commodity Online  May 6  Comment 
In an energy update, BofAML said that despite the rise in associated gas production, a by product of crude rich plays, it is likely to fall far short of meeting the large pent up incremental demand over the next five years.
Commodity Online  Mar 16  Comment 
The risk to prices this summer will remain skewed to the upside, as Japan will stay reliant on LNG imports to meet summer power demand.
Commodity Online  Feb 20  Comment 
MCX February contract fell 3.03% to Rs 367.70 per MMBTU after hitting the upper circuit on Wednesday and closing at Rs 379.20 per MMBTU. March contract has fallen by 1.88% to Rs 302.70 per MMBTU.
Commodity Online  Nov 30  Comment 
and ldquo;For the rest of the winter, we expect production growth in the country to persist barring any significant well freeze-offs in the West and the Gulf regions. Additional infrastructure additions in the Northeast, continued growth of...
Commodity Online  Nov 14  Comment 
The door remains open for cheaper US supplies However, the outlook changes dramatically in 2015 when we see global LNG liquefaction capacity rising by 20 million mt and then another 29 in 2016. Much of this growth occurs in Australia where many...




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MMBTU, or MBTU, stands for one million British Thermal Units (BTU). A BTU is a measure of the energy content in fuel, and is is used in the power, steam generation, heating and air conditioning industries. One BTU is equivalent to 1.06 Joules.

Natural gas is usually measured in BTUs.

"MM" stands for one million - it originates with the Roman numeral M, which stands for 1,000. MM is therefore "one thousand thousand," or one million.

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