mtoe meaning in oil and gas
Definition
million (or thousand?) tonnes of oil equivalent
mtoe means million (or thousand?) tonnes of oil equivalent. Unit of energy, often used to compare or aggregate quantities of different energy sources (e.g. oil, coal, gas, etc). The IEA/OECD defines 1 toe = 10^7 kcal =…
Unit of energy, often used to compare or aggregate quantities of different energy sources (e.g. oil, coal, gas, etc). The IEA/OECD defines 1 toe = 10^7 kcal = 41.868 GJ.
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