05.07.2009
STP is commonly used to define standard conditions for temperature and pressure such as for gases which is defined by as air at 0oC (273.15 K, 32oF) and 1 atm
On June 10th 1870 the Standard Oil Company was formed as a partnership led by John D. Rockefeller and soon became involved in all aspects of the oil business (producing, transporting, refining, and marketing). The company was split in 1911 by the United States Supreme Court in order to decrease its monopolistic power
The calorific value of a fuel is the quantity of heat produced by its combustion – at constant pressure and under a conditions known as “normal” temperature and pressure (i.e. 0oC and under a pressure of 1,013 mbar). The combustion of a fuel product generates water vapor. The Lower Calorific Value supposes that the products of combustion contains the water vapor. The heat contained in the water vapor is not recovered. The Higher Calorific Value (or Gross Calorific Value – GCV) supposes that the water of combustion is entirely condensed and that the heat contained in the water vapor is recovered.
A bundled service offered by a LSO consisting, at least, of a right to berth an LNG carrier during a certain window of time, the right to unload the LNG, a temporal LNG storage capacity, and a regasification service with the corresponding send-out capacity