Gazprom pipelines and export capacity

Газопроводы Газпрома и экспортные мощности

Gas pipelines of West Siberia

Газопроводы Западной Сибири

Export flows of Gazprom

Экспортные потоки

Spot, Gazprom, Brent

Цены на нефть и газ

End-use price of gas

Russia and USA

Daily gas production

Суточная добыча


Gazprom reports contradicting conversion factors


Starting from 2013, Gazprom reports the conversion factor for MMBtu to cubic meters. Specifically, 2013 Gazprom Management Report sets 1 MMBtu = 0.028 mcm. It means 1 mcm = 1000/28 = 35.7 MMBtu.

However, this number contradicts all other coefficients of the report. For instance,

1 mcm = 1.154 ton of fuel equivalent = 29.3 GJ x 1.154 = 33.8 GJ = 32.0 MMBtu.

Conversion through calories or barrels of oil equivalent also produces results close to 32 MMBtu per mcm.

Comparison of the reported average price of European exports of Gazprom and the estimated price of Russian gas at the border of Germany also indicates that the factor of 35.7 MMBtu per mcm does not seem to be correct.

Mikhail Korchemkin

East European Gas Analysis

Malvern, PA, USA

 

August 18, 2014

 

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Last modified: 12/07/14                    East European Gas Analysis 2006-2014                                           Email: info@eegas.com
Reproduction or use of materials is allowed only with reference to East European Gas Analysis or www.eegas.com