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What is the purpose of a 'custody transfer meter' in LNG loading operations?



The purpose of a 'custody transfer meter' in LNG loading operations is to accurately measure the quantity of LNG transferred between the seller and the buyer for commercial and accounting purposes. 'Custody transfer' refers to the point at which the responsibility for the LNG shifts from one party to another. The custody transfer meter must meet stringent accuracy standards to ensure fair and transparent transactions. These meters are typically calibrated and c....

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