STA meaning in oil and gas
Definition
Standard Temperature Accounting
STA means Standard Temperature Accounting. An accounting system that measures the volume of Motor Fuel at its temperature at the time of measurement and then adjusts such measurement to the equivalent volume at a…
An accounting system that measures the volume of Motor Fuel at its temperature at the time of measurement and then adjusts such measurement to the equivalent volume at a standard temperature (currently 15° centigrade) for the purposes of accounting and invoicing.
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