24 March 2021 21:03. SHARE. Foto: Dok. PGN. Jakarta, CNBC Indonesia - PT Perusahaan Gas Negara (PGN) memproyeksikan potensi kerugian US$ 801,38 juta atau sekitar Rp 11,5 triliun (asumsi kurs Rp 14.400 per US$) akibat harga gas US$ 6 per million British thermal units (MMBTU). The price at Northwest Sumas on the Canada-Washington border and the main natural gas pricing point in the Pacific Northwest fell $2.29 from $5.87/MMBtu last Wednesday to $3.58/MMBtu yesterday. Natural gas consumption in the Pacific Northwest fell 18% (0.6 Bcf/d), led by a 33% (0.5 Bcf/d) decrease in residential and commercial sector consumption. In the same week last year (week ending April 6, 2022), the prices were $33.99/MMBtu in East Asia and $36.25/MMBtu at TTF. Natural gas plant liquids (NGPL) prices: The natural gas plant liquids composite price at Mont Belvieu, Texas, rose by 15 cents/MMBtu, averaging $7.36/MMBtu for the week ending April 5. Ethane prices fell 3%, while natural The common units conversion for natural gas: 1 MMBtu (1 million BTU) = 1.054615 GJ; 1000 ft3 of natural gas yields ≈ 1 MMBTU ≈ 1 GJ; 1 ft3 of natural gas yields ≈ 1000 BTU; 1000 m3 ≈ 36.906 MMBTU; 1 MMBTU ≈ 27.096 m3 As per this formula, the price of gas from Saturday until the end of April is $7.92 per mmBtu, according to the ministry's notification. But the new guideline applies a floor of $4 and a ceiling of $6.5 per mmBtu on the gas price. Therefore, the effective price will be $6.5 per mmBtu, the ministry said. The sharp fall in price will help city nbMxq8.

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