Crude grade comparison

Ekofisk vs Bonga

North Sea (Norway/UK)

Ekofisk

--
--
Class
Light/Sweet
API
38.5°
Sulfur
0.19%
VS
Ekofisk – Bonga spread -- · Ekofisk premium
Nigeria (Niger Delta FPSO offshore)

Bonga

--
--
Class
Light/Sweet
API
32.3°
Sulfur
0.2%

Ekofisk is light/sweet crude (38.5° API, 0.19% sulfur); Bonga is light/sweet crude (32.3° API, 0.2% sulfur).

Crude quality

Quality & refinery yields

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

  • Ekofisk Crude
  • Bonga Crude

Physical & chemical properties

API gravityhigher = lighter
E38.5°
B32.3°
Sulfur contenthigher = sourer
E0.19%
B0.2%
Densityhigher = heavier
E0.835 g/cm³
B0.849 g/cm³
Viscosityhigher = thicker
E3.3 cSt
B3.4 cSt
Pour pointhigher = waxier
E-10 °C
B-5 °C

Typical refinery yields

Gasoline% of barrel
E48-52%
B47-50%
Diesel% of barrel
E28-32%
B27-31%
Jet fuel% of barrel
E14-16%
B01-12'%
Residual fuel% of barrel
E06-08'%
B10-12'%

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 Ekofisk Crude and Bonga Crude
PropertyEkofisk CrudeBonga CrudeEkofisk − Bonga
Classification
ClassificationLight/SweetLight/Sweet
OriginNorth Sea (Norway/UK)Nigeria (Niger Delta FPSO offshore)
Chemical properties
API gravity38.5° API32.3° API+6.2 °API
Sulfur content0.19%0.2%-0.01%
Density0.835 g/cm³0.849 g/cm³-0.014 g/cm³
Pour point-10 °C-5 °C-5 °C
Viscosity3.3 cSt3.4 cSt-0.1 cSt
Typical refinery yields
Gasoline48-52%47-50%+2 pts
Diesel28-32%27-31%+1 pts
Jet fuel14-16%01-12'%+4 pts
Residual fuel06-08'%10-12'%-4 pts
Trading & logistics
Delivery basisTeesside loadingBonga FPSO terminal
Major exchangesBFOET component; spotSpot differential
Export hubTeesside, StureBonga FPSO
Main destinationsEuropeEurope, Asia
Benchmark typeGlobal (Brent basket)Regional (Spot)
Market profile
Key characteristicsBFOET basket component, ultra-low sulfurNigerian FPSO production, medium-light grade
Refining notesComponent of Brent blend; premium qualityFPSO offshore production
FAQ

Ekofisk vs Bonga questions

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

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

Ekofisk Crude is a light/sweet North Sea (Norway/UK) crude (38.5° API, 0.19% sulfur) and Global (Brent basket) benchmark. Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark.