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Upstream gas prices - Trinidad & Tobago and USA

Sources: bp, Shell and EOG Resources Annual Reports/20F filings: EIA website

  

Note that Henry Hub and most downstream plants quote figures in mmbtu (million British thermal units) rather than in mmscf (million standard cubic feet), which is typically used in the upstream. The exact relationship between mmbtu and mmscf varies depending on the exact chemical composition of the specific natural gas, but for the purposes of a general analysis like this a 1:1 calculation will suffice. 


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