Crude grade comparison

Bintulu Condensate vs Shah Deniz Condensate

Bintulu, Sarawak (associated with LNG)

Bintulu Condensate

--
--
Class
Sweet Condensate
API
60+°
Sulfur
0.03%
VS
Bintulu Condensate – Shah Deniz Condensate spread -- · Bintulu Condensate premium

Bintulu Condensate is sweet condensate crude (60+° API, 0.03% sulfur); Shah Deniz Condensate is sweet condensate crude (47° API, 0.05% sulfur).

Crude quality

Quality & refinery yields

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

  • Bintulu Condensate Crude
  • Shah Deniz Condensate Crude

Physical & chemical properties

API gravityhigher = lighter
BC60+°
SDC47°
Sulfur contenthigher = sourer
BC0.03%
SDC0.05%
Densityhigher = heavier
BC g/cm³
SDC g/cm³
Viscosityhigher = thicker
BC cSt
SDC cSt
Pour pointhigher = waxier
BC °C
SDC °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 Bintulu Condensate Crude and Shah Deniz Condensate Crude
PropertyBintulu Condensate CrudeShah Deniz Condensate CrudeBintulu Condensate − Shah Deniz Condensate
Classification
ClassificationSweet CondensateSweet Condensate
OriginBintulu, Sarawak (associated with LNG)Shah Deniz gas field, Caspian Sea
Chemical properties
API gravity60+° API47° API+13 °API
Sulfur content0.03%0.05%-0.02%
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 hubBintuluCeyhan/Sangachal
Main destinationsAsiaEurope
Benchmark type
Market profile
Key characteristicsUltra-light condensate from Malaysian LNG operationsLight condensate co-produced with gas from Shah Deniz
Refining notesNaphtha/petrochemical feedstockNaphtha-rich feedstock
FAQ

Bintulu Condensate vs Shah Deniz Condensate questions

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

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

Bintulu Condensate Crude is a sweet condensate Bintulu, Sarawak (associated with LNG) crude (60+° API, 0.03% sulfur) and benchmark. Shah Deniz Condensate Crude is a sweet condensate Shah Deniz gas field, Caspian Sea crude (47° API, 0.05% sulfur) and benchmark.