Crude grade comparison

Bonga vs Repsol BP Blend

Nigeria (Niger Delta FPSO offshore)

Bonga

--
--
Class
Light/Sweet
API
32.3°
Sulfur
0.2%
VS
Bonga – Repsol BP Blend spread -- · Bonga premium
Spain (Tarragona refinery blend)

Repsol BP Blend

--
--
Class
Light/Sweet
API
38°
Sulfur
0.3%

Bonga is light/sweet crude (32.3° API, 0.2% sulfur); Repsol BP Blend is light/sweet crude (38° API, 0.3% sulfur).

Crude quality

Quality & refinery yields

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

  • Bonga Crude
  • Repsol BP Blend Crude

Physical & chemical properties

API gravityhigher = lighter
B32.3°
RBB38°
Sulfur contenthigher = sourer
B0.2%
RBB0.3%
Densityhigher = heavier
B0.849 g/cm³
RBB0.835 g/cm³
Viscosityhigher = thicker
B3.4 cSt
RBB3.5 cSt
Pour pointhigher = waxier
B-5 °C
RBB-5 °C

Typical refinery yields

Gasoline% of barrel
B47-50%
RBB48-52%
Diesel% of barrel
B27-31%
RBB28-32%
Jet fuel% of barrel
B01-12'%
RBB01-12'%
Residual fuel% of barrel
B10-12'%
RBB08-10'%

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 Bonga Crude and Repsol BP Blend Crude
PropertyBonga CrudeRepsol BP Blend CrudeBonga − Repsol BP Blend
Classification
ClassificationLight/SweetLight/Sweet
OriginNigeria (Niger Delta FPSO offshore)Spain (Tarragona refinery blend)
Chemical properties
API gravity32.3° API38° API-5.7 °API
Sulfur content0.2%0.3%-0.1%
Density0.849 g/cm³0.835 g/cm³+0.014 g/cm³
Pour point-5 °C-5 °C0 °C
Viscosity3.4 cSt3.5 cSt-0.1 cSt
Typical refinery yields
Gasoline47-50%48-52%-2 pts
Diesel27-31%28-32%-1 pts
Jet fuel01-12'%01-12'%0 pts
Residual fuel10-12'%08-10'%+2 pts
Trading & logistics
Delivery basisBonga FPSO terminalTarragona
Major exchangesSpot differentialSpot differential
Export hubBonga FPSOTarragona Terminal
Main destinationsEurope, AsiaSpain, Mediterranean
Benchmark typeRegional (Spot)Regional
Market profile
Key characteristicsNigerian FPSO production, medium-light gradeCustom European blend for seasonal gasoline
Refining notesFPSO offshore productionTerminal-blended for refinery optimization
FAQ

Bonga vs Repsol BP Blend questions

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

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

Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark. Repsol BP Blend Crude is a light/sweet Spain (Tarragona refinery blend) crude (38° API, 0.3% sulfur) and Regional benchmark.