Crude grade comparison

Azadegan vs Iran Light

Azadegan field

Azadegan

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--
Class
Sour
API
24°
Sulfur
1.7%
VS
Azadegan – Iran Light spread -- · Azadegan premium
Blended Iranian export grade (multiple fields)

Iran Light

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--
Class
Sour
API
33.8°
Sulfur
1.4%

Azadegan is sour crude (24° API, 1.7% sulfur); Iran Light is sour crude (33.8° API, 1.4% sulfur).

Crude quality

Quality & refinery yields

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

  • Azadegan Crude
  • Iran Light Crude

Physical & chemical properties

API gravityhigher = lighter
A24°
IL33.8°
Sulfur contenthigher = sourer
A1.7%
IL1.4%
Densityhigher = heavier
A g/cm³
IL g/cm³
Viscosityhigher = thicker
A cSt
IL cSt
Pour pointhigher = waxier
A °C
IL °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 Azadegan Crude and Iran Light Crude
PropertyAzadegan CrudeIran Light CrudeAzadegan − Iran Light
Classification
ClassificationSourSour
OriginAzadegan fieldBlended Iranian export grade (multiple fields)
Chemical properties
API gravity24° API33.8° API-9.8 °API
Sulfur content1.7%1.4%+0.3%
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 basisFOBFOB
Major exchanges
Export hubIranian terminalsKharg Island
Main destinationsAsiaAsia
Benchmark typeKey Iranian export benchmark
Market profile
Key characteristicsHeavy-medium sour Iranian crudeIran's lighter export blend
Refining notesFuel oil feedstockFull-range sour refining feedstock
FAQ

Azadegan vs Iran Light questions

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

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

Azadegan Crude is a sour Azadegan field crude (24° API, 1.7% sulfur) and benchmark. Iran Light Crude is a sour Blended Iranian export grade (multiple fields) crude (33.8° API, 1.4% sulfur) and Key Iranian export benchmark benchmark.