NSV
NSV
Shipping terms glossary
Definition of NSV
Net Standard Volume - the total volume of all petroleum liquids, excluding S&W and free water, corrected by the appropriate temperature correction factor (Ct1) for the observed temperature and API gravity, relative density or density to a standard temperature such as 60ºF or 15ºC and also corrected by the applicable pressure correction factor (Cp1) and meter factor.
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Terminology about shipping
Shipping glossary index of terms
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Definition and meaning of NSV
Meaning of NSV
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