Crude grade comparison

Azadegan vs Khafji

Azadegan field

Azadegan

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--
Class
Sour
API
24°
Sulfur
1.7%
VS
Azadegan – Khafji spread -- · Azadegan premium
Khafji field, offshore Neutral Zone

Khafji

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--
Class
Sour
API
28.5°
Sulfur
2.85%

Azadegan is sour crude (24° API, 1.7% sulfur); Khafji is sour crude (28.5° API, 2.85% sulfur).

Crude quality

Quality & refinery yields

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

  • Azadegan Crude
  • Khafji Crude

Physical & chemical properties

API gravityhigher = lighter
A24°
K28.5°
Sulfur contenthigher = sourer
A1.7%
K2.85%
Densityhigher = heavier
A g/cm³
K g/cm³
Viscosityhigher = thicker
A cSt
K cSt
Pour pointhigher = waxier
A °C
K °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 Khafji Crude
PropertyAzadegan CrudeKhafji CrudeAzadegan − Khafji
Classification
ClassificationSourSour
OriginAzadegan fieldKhafji field, offshore Neutral Zone
Chemical properties
API gravity24° API28.5° API-4.5 °API
Sulfur content1.7%2.85%-1.15%
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 basisFOBFOB
Major exchanges
Export hubIranian terminalsKhafji terminal
Main destinationsAsiaAsia
Benchmark type
Market profile
Key characteristicsHeavy-medium sour Iranian crudeMedium-heavy, high-sulphur Neutral Zone crude
Refining notesFuel oil feedstockFuel oil feedstock
FAQ

Azadegan vs Khafji questions

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

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

Azadegan Crude is a sour Azadegan field crude (24° API, 1.7% sulfur) and benchmark. Khafji Crude is a sour Khafji field, offshore Neutral Zone crude (28.5° API, 2.85% sulfur) and benchmark.