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Home / Sectors / Oil & Gas / LNG: units and conversions

LNG: units and conversions

Gas from the fields is measured in million cubic meters per day; liquefaction vessels, in million tonnes per year; and gas is sold in MMBtu. Here is how to convert from one unit to another, with a calculator.

Calculator

Million tonnes of LNG per year (MTPA)2,45
Million m³ of gas per day (MMm³/d)
the gas that this LNG "contains"
9,1
Billion m³ of gas per year (bcm)3,33
Billion cubic feet per day (Bcf/d)
the U.S. unit
0,32
Million MMBtu per year
the unit it is sold in
127
174,000 m³ vessels per year
about 78,000 tonnes each
31
Gas that must be delivered to the plant (feed gas)
adding 15% that is consumed or separated in the process
10.7 MMm³/d

Examples to try: 2.45 MTPA (Hilli Episeyo) · 6 MTPA (full Southern Energy) · 12 MTPA (Argentina LNG, first stage) · 21 MMm³/d (Gasoducto Perito Moreno).

One cargo

  • 78,300 tonnes of LNG
  • 174,000 m³ of LNG (liquid)
  • 106.5 million m³ of gas
  • 4,071,600 MMBtu
  • 0.76 days of Argentina's entire winter gas consumption (at 140 MMm³/d)

The rule of thumb

1 MTPA ≈ 3.7 MMm³/d1 million tonnes of LNG per year is equivalent to about 3.7 million m³ of gas per day (1.36 bcm per year)
1 t ≈ 1.360 m³one tonne of LNG, when regasified, yields about 1,360 m³ of gas
1 m³ LNG ≈ 600 m³when cooled to −162 °C, gas takes up about 600 times less space
1 t ≈ 52 MMBtuthe energy of one tonne of LNG, the unit in which it is priced (Henry Hub, TTF, JKM)

But note: to produce 1 MTPA of LNG you have to deliver considerably more than 3.7 MMm³/d to the plant. Part of the gas is used as fuel for cooling (the liquefaction turbines and compressors), and first the CO₂, water and heavy hydrocarbons (ethane, propane, butane), which do not go into the LNG, must be removed. Depending on the gas and the plant, that adds between 10% and 25% more. Example: according to published project information, the 2.45 MTPA Hilli Episeyo will take about 11.5 MMm³/d of gas, while the LNG it produces "contains" about 9.1 MMm³/d: about 26% more.

Why there are so many units

  • Cubic meters (m³): this is how gas is measured at the fields, in pipelines and in consumption in Argentina, always "per day" (MMm³/d). A "standard" m³ is gas at 15 °C and atmospheric pressure; in Argentina it is taken with a heating value of 9,300 kcal/m³, so 1 MMBtu equals about 27.1 m³.
  • Tonnes (MTPA): liquefaction plants and vessels are measured by the mass of LNG they can produce in a year. It is the unit of the global LNG trade: the world trades about 400 million tonnes per year.
  • MMBtu (million BTU): gas is bought and sold by the energy it delivers, not by volume. Benchmark prices (Henry Hub in the U.S., TTF in Europe, JKM in Asia) are in dollars per MMBtu.
  • Cubic feet (Bcf/d): the U.S. unit, the world's largest LNG exporter. 1 Bcf/d ≈ 28.3 MMm³/d.
  • m³ of LNG: the volume of the liquid in tanks and vessels. A large LNG carrier loads about 174,000 m³ of LNG, about 78,000 tonnes, which regasified is about 106 million m³ of gas.

Argentine projects in these units

ProjectLNG
MTPA
Equivalent gas
MMm³/d
Status (October 2026)
Southern Energy · Hilli Episeyo
YPF, Pan American Energy, Pampa Energía, Harbour Energy and Golar LNG · Golfo San Matías
2,45~11.5 of feed gasVessel being prepared in Singapore; arrival in mid-2027 and commercial operation in late 2027.
Southern Energy · Hilli + MKII~6~22 equivalentSecond vessel (MKII) in a second stage.
Argentina LNG · first stage
YPF and Eni (with XRG), two 6 MTPA vessels in Río Negro
12~45 equivalentFinal investment decision expected for November 26, 2026; first exports to 2030.
Argentina LNG · with a third vesselup to 18~67 equivalentUnder negotiation.

For perspective: the Gasoducto Perito Moreno carries 21 MMm³/d today and Argentina consumes about 140-150 MMm³/d at winter peaks. The 12 MTPA of the first stage of Argentina LNG are equivalent to more than two Perito Morenos. See also Oil and gas pipelines and Indicators: Henry Hub and TTF.

The factors are approximate: they depend on the gas composition (how much methane, ethane and nitrogen it contains) and on each country's reference conditions. For a contract, use the ones the contract sets.