Crude grade comparison

Antan Blend vs Azeri BTC

Antan field, offshore

Antan Blend

--
--
Class
Sweet
API
32°
Sulfur
0.3%
VS
Antan Blend – Azeri BTC spread -- · Antan Blend premium
Azeri-Chirag-Gunashli, Caspian

Azeri BTC

--
--
Class
Sweet
API
34.8°
Sulfur
0.15%

Antan Blend is sweet crude (32° API, 0.3% sulfur); Azeri BTC is sweet crude (34.8° API, 0.15% sulfur).

Crude quality

Quality & refinery yields

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

  • Antan Blend Crude
  • Azeri BTC Crude

Physical & chemical properties

API gravityhigher = lighter
AB32°
AB34.8°
Sulfur contenthigher = sourer
AB0.3%
AB0.15%
Densityhigher = heavier
AB g/cm³
AB g/cm³
Viscosityhigher = thicker
AB cSt
AB cSt
Pour pointhigher = waxier
AB °C
AB °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 Antan Blend Crude and Azeri BTC Crude
PropertyAntan Blend CrudeAzeri BTC CrudeAntan Blend − Azeri BTC
Classification
ClassificationSweetSweet
OriginAntan field, offshoreAzeri-Chirag-Gunashli, Caspian
Chemical properties
API gravity32° API34.8° API-2.8 °API
Sulfur content0.3%0.15%+0.15%
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 Ceyhan
Major exchangesPriced off ICE Brent
Export hubCeyhan, Turkey (BTC pipeline terminus)
Main destinationsEurope, AsiaEurope, Mediterranean, sometimes Asia/US
Benchmark typeRegional benchmark for Caspian/BTC-linked crude
Market profile
Key characteristicsMedium-light sweet Nigerian offshore blendLight, low-sulphur Caspian crude delivered via Baku-Tbilisi-Ceyhan pipeline
Refining notesRegional refining feedstockGasoline/naphtha-rich feedstock
FAQ

Antan Blend vs Azeri BTC questions

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

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

Antan Blend Crude is a sweet Antan field, offshore crude (32° API, 0.3% sulfur) and benchmark. Azeri BTC Crude is a sweet Azeri-Chirag-Gunashli, Caspian crude (34.8° API, 0.15% sulfur) and Regional benchmark for Caspian/BTC-linked crude benchmark.