Crude grade comparison

Girassol vs Bonga

Angola (Block 17 offshore)

Girassol

--
--
Class
Light/Sweet
API
32.8°
Sulfur
0.17%
VS
Girassol – Bonga spread -- · Girassol premium
Nigeria (Niger Delta FPSO offshore)

Bonga

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

Girassol is light/sweet crude (32.8° API, 0.17% 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.

  • Girassol Crude
  • Bonga Crude

Physical & chemical properties

API gravityhigher = lighter
G32.8°
B32.3°
Sulfur contenthigher = sourer
G0.17%
B0.2%
Densityhigher = heavier
G0.845 g/cm³
B0.849 g/cm³
Viscosityhigher = thicker
G3.5 cSt
B3.4 cSt
Pour pointhigher = waxier
G-5 °C
B-5 °C

Typical refinery yields

Gasoline% of barrel
G45-48%
B47-50%
Diesel% of barrel
G30-34%
B27-31%
Jet fuel% of barrel
G01-12'%
B01-12'%
Residual fuel% of barrel
G08-10'%
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 Girassol Crude and Bonga Crude
PropertyGirassol CrudeBonga CrudeGirassol − Bonga
Classification
ClassificationLight/SweetLight/Sweet
OriginAngola (Block 17 offshore)Nigeria (Niger Delta FPSO offshore)
Chemical properties
API gravity32.8° API32.3° API+0.5 °API
Sulfur content0.17%0.2%-0.03%
Density0.845 g/cm³0.849 g/cm³-0.004 g/cm³
Pour point-5 °C-5 °C0 °C
Viscosity3.5 cSt3.4 cSt+0.1 cSt
Typical refinery yields
Gasoline45-48%47-50%-2 pts
Diesel30-34%27-31%+3 pts
Jet fuel01-12'%01-12'%0 pts
Residual fuel08-10'%10-12'%-2 pts
Trading & logistics
Delivery basisFPSO Buoy 24Bonga FPSO terminal
Major exchangesSpot differentialSpot differential
Export hubFPSO Buoy 24 CabindaBonga FPSO
Main destinationsPortugal (Sines), UAE, AsiaEurope, Asia
Benchmark typeRegional/SpotRegional (Spot)
Market profile
Key characteristicsAngolan FPSO production, consistent specsNigerian FPSO production, medium-light grade
Refining notesFPSO offshore deepwater crudeFPSO offshore production
FAQ

Girassol vs Bonga questions

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

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

Girassol Crude is a light/sweet Angola (Block 17 offshore) crude (32.8° API, 0.17% sulfur) and Regional/Spot benchmark. Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark.