Crude grade comparison

Bintulu Condensate vs Sn?hvit Condensate

Bintulu, Sarawak (associated with LNG)

Bintulu Condensate

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--
Class
Sweet Condensate
API
60+°
Sulfur
0.03%
VS
Bintulu Condensate – Sn?hvit Condensate spread -- · Bintulu Condensate premium
Snohvit gas field, Barents Sea

Sn?hvit Condensate

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--
Class
Sweet Condensate
API
60+°
Sulfur
0.01%

Bintulu Condensate is sweet condensate crude (60+° API, 0.03% sulfur); Sn?hvit Condensate is sweet condensate crude (60+° API, 0.01% sulfur).

Crude quality

Quality & refinery yields

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

  • Bintulu Condensate Crude
  • Sn?hvit Condensate Crude

Physical & chemical properties

API gravityhigher = lighter
BC60+°
SC60+°
Sulfur contenthigher = sourer
BC0.03%
SC0.01%
Densityhigher = heavier
BC g/cm³
SC g/cm³
Viscosityhigher = thicker
BC cSt
SC cSt
Pour pointhigher = waxier
BC °C
SC °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 Sn?hvit Condensate Crude
PropertyBintulu Condensate CrudeSn?hvit Condensate CrudeBintulu Condensate − Sn?hvit Condensate
Classification
ClassificationSweet CondensateSweet Condensate
OriginBintulu, Sarawak (associated with LNG)Snohvit gas field, Barents Sea
Chemical properties
API gravity60+° API60+° API0 °API
Sulfur content0.03%0.01%+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 basisFOB
Major exchanges
Export hubBintulu
Main destinationsAsiaNorthwest Europe
Benchmark type
Market profile
Key characteristicsUltra-light condensate from Malaysian LNG operationsUltra-light Barents Sea condensate
Refining notesNaphtha/petrochemical feedstockNaphtha-rich feedstock, LNG-associated
FAQ

Bintulu Condensate vs Sn?hvit Condensate questions

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

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Bintulu Condensate Crude was $ and Sn?hvit Condensate Crude $ per barrel, so Sn?hvit Condensate traded at a premium of $0 over Bintulu Condensate. Over the previous 30 shared price days the spread averaged -- $/bbl, with Sn?hvit 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. Sn?hvit Condensate Crude is a sweet condensate Snohvit gas field, Barents Sea crude (60+° API, 0.01% sulfur) and benchmark.