Crude grade comparison

Belanak vs Northwest Shelf Condensate

Belanak field, Natuna Sea

Belanak

--
--
Class
Sweet Condensate
API
48°
Sulfur
0.05%
VS
Belanak – Northwest Shelf Condensate spread -- · Belanak premium

Belanak is sweet condensate crude (48° API, 0.05% sulfur); Northwest Shelf Condensate is sweet condensate crude (55° API, 0.01% sulfur).

Crude quality

Quality & refinery yields

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

  • Belanak Crude
  • Northwest Shelf Condensate Crude

Physical & chemical properties

API gravityhigher = lighter
B48°
NSC55°
Sulfur contenthigher = sourer
B0.05%
NSC0.01%
Densityhigher = heavier
B g/cm³
NSC g/cm³
Viscosityhigher = thicker
B cSt
NSC cSt
Pour pointhigher = waxier
B °C
NSC °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 Belanak Crude and Northwest Shelf Condensate Crude
PropertyBelanak CrudeNorthwest Shelf Condensate CrudeBelanak − Northwest Shelf Condensate
Classification
ClassificationSweet CondensateSweet Condensate
OriginBelanak field, Natuna SeaNorth West Shelf, Western Australia
Chemical properties
API gravity48° API55° API-7 °API
Sulfur content0.05%0.01%+0.04%
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 destinationsAsiaAsia
Benchmark type
Market profile
Key characteristicsLight sweet Indonesian condensate blendUltra-light Australian LNG-associated condensate
Refining notesNaphtha-rich feedstockNaphtha/petrochemical feedstock
FAQ

Belanak vs Northwest Shelf Condensate questions

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

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

Belanak Crude is a sweet condensate Belanak field, Natuna Sea crude (48° API, 0.05% sulfur) and benchmark. Northwest Shelf Condensate Crude is a sweet condensate North West Shelf, Western Australia crude (55° API, 0.01% sulfur) and benchmark.