Crude grade comparison

Agbami vs Th?ng Long

Agbami field, deepwater (Chevron-operated)

Agbami

--
--
Class
Sweet
API
47.2°
Sulfur
0.044%%
VS
Agbami – Th?ng Long spread -- · Agbami premium
Thang Long field, offshore

Th?ng Long

--
--
Class
Sweet
API
38°
Sulfur
0.05%

Agbami is sweet crude (47.2° API, 0.044%% sulfur); Th?ng Long is sweet crude (38° API, 0.05% sulfur).

Crude quality

Quality & refinery yields

How the two crudes differ in the barrel. Each property uses its own scale.

  • Agbami Crude
  • Th?ng Long Crude

Physical & chemical properties

API gravityhigher = lighter
A47.2°
TL38°
Sulfur contenthigher = sourer
A0.044%%
TL0.05%
Densityhigher = heavier
A g/cm³
TL g/cm³
Viscosityhigher = thicker
A cSt
TL cSt
Pour pointhigher = waxier
A °C
TL °C

Typical refinery yields

Gasoline% of barrel
Diesel% of barrel
Jet fuel% of barrel
Residual fuel% of barrel

Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.

Full specification comparison

Full specification comparison of Agbami Crude and Th?ng Long Crude
PropertyAgbami CrudeTh?ng Long CrudeAgbami − Th?ng Long
Classification
ClassificationSweetSweet
OriginAgbami field, deepwater (Chevron-operated)Thang Long field, offshore
Chemical properties
API gravity47.2° API38° API+9.2 °API
Sulfur content0.044%%0.05%-0.006%
Density g/cm³ g/cm³0 g/cm³
Pour point °C °C0 °C
Viscosity cSt cSt0 cSt
Typical refinery yields
Gasoline%%0 pts
Diesel%%0 pts
Jet fuel%%0 pts
Residual fuel%%0 pts
Trading & logistics
Delivery basisFOB
Major exchanges
Export hubOffshore Nigeria FPSO
Main destinationsEurope, Asia, USAsia
Benchmark type
Market profile
Key characteristicsUltra-light, very low sulphur, condensate-likeLight, low-sulphur Vietnamese crude
Refining notesNaphtha/gasoline-rich feedstockRegional refining feedstock
FAQ

Agbami vs Th?ng Long questions

The spread, the quality gap and why each grade is a benchmark.

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Agbami Crude was $ and Th?ng Long Crude $ per barrel, so Th?ng Long traded at a premium of $0 over Agbami. Over the previous 30 shared price days the spread averaged -- $/bbl, with Th?ng Long priced above Agbami on 0 day(s).

Agbami Crude is a sweet Agbami field, deepwater (Chevron-operated) crude (47.2° API, 0.044%% sulfur) and benchmark. Th?ng Long Crude is a sweet Thang Long field, offshore crude (38° API, 0.05% sulfur) and benchmark.