Crude grade comparison

Aktobe vs Gippsland

Aktobe fields (Zhanazhol/Kenkiyak)

Aktobe

--
--
Class
Sweet
API
45°
Sulfur
0.05%%
VS
Aktobe – Gippsland spread -- · Aktobe premium
Gippsland Basin, Bass Strait

Gippsland

--
--
Class
Sweet
API
45°
Sulfur
0.1%

Aktobe is sweet crude (45° API, 0.05%% sulfur); Gippsland is sweet crude (45° API, 0.1% sulfur).

Crude quality

Quality & refinery yields

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

  • Aktobe Crude
  • Gippsland Crude

Physical & chemical properties

API gravityhigher = lighter
A45°
G45°
Sulfur contenthigher = sourer
A0.05%%
G0.1%
Densityhigher = heavier
A g/cm³
G g/cm³
Viscosityhigher = thicker
A cSt
G cSt
Pour pointhigher = waxier
A °C
G °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 Aktobe Crude and Gippsland Crude
PropertyAktobe CrudeGippsland CrudeAktobe − Gippsland
Classification
ClassificationSweetSweet
OriginAktobe fields (Zhanazhol/Kenkiyak)Gippsland Basin, Bass Strait
Chemical properties
API gravity45° API45° API0 °API
Sulfur content0.05%%0.1%-0.05%
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 basis
Major exchanges
Export hub
Main destinationsChina (via pipeline), domestic Kazakh refiningAustralia domestic, Asia
Benchmark type
Market profile
Key characteristicsVery light, sweet Central Asian crudeLight, low-sulphur Bass Strait crude
Refining notesLight distillate feedstockGasoline-rich feedstock
FAQ

Aktobe vs Gippsland questions

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

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

Aktobe Crude is a sweet Aktobe fields (Zhanazhol/Kenkiyak) crude (45° API, 0.05%% sulfur) and benchmark. Gippsland Crude is a sweet Gippsland Basin, Bass Strait crude (45° API, 0.1% sulfur) and benchmark.