Santos Condensate
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--
- Class
- Condensate
- API
- 52°
- Sulfur
- 0.08%
Crude grade comparison
Santos Condensate vs Tangguh Condensate
VS
Santos Condensate – Tangguh Condensate spread
-- · Santos Condensate premium
Tangguh Condensate
--
--
- Class
- Condensate
- API
- 50°
- Sulfur
- 0.04%
Santos Condensate is condensate crude (52° API, 0.08% sulfur); Tangguh Condensate is condensate crude (50° API, 0.04% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Santos Condensate Crude
- Tangguh Condensate Crude
Physical & chemical properties
API gravityhigher = lighter
SC52°
TC50°
Sulfur contenthigher = sourer
SC0.08%
TC0.04%
Densityhigher = heavier
SC0.78 g/cm³
TC0.79 g/cm³
Viscosityhigher = thicker
SC1.2 cSt
TC1 cSt
Pour pointhigher = waxier
SC-50 °C
TC-60 °C
Typical refinery yields
Gasoline% of barrel
SCN/A (petrochemical)%
TCN/A (petrochemical)%
Diesel% of barrel
Jet fuel% of barrel
SC60-70% naphtha%
TC60-70% naphtha%
Residual fuel% of barrel
SC2-5% residue%
TC2-5% residue%
Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.
Full specification comparison
| Property | Santos Condensate Crude | Tangguh Condensate Crude | Santos Condensate − Tangguh Condensate |
|---|---|---|---|
| Classification | |||
| Classification | Condensate | Condensate | |
| Origin | Brazil (Santos Basin pre-salt) | Indonesia (Bintuni Bay, Tangguh) | |
| Chemical properties | |||
| API gravity | 52° API | 50° API | +2 °API |
| Sulfur content | 0.08% | 0.04% | +0.04% |
| Density | 0.78 g/cm³ | 0.79 g/cm³ | -0.01 g/cm³ |
| Pour point | -50 °C | -60 °C | +10 °C |
| Viscosity | 1.2 cSt | 1 cSt | +0.2 cSt |
| Typical refinery yields | |||
| Gasoline | N/A (petrochemical)% | N/A (petrochemical)% | 0 pts |
| Diesel | % | % | 0 pts |
| Jet fuel | 60-70% naphtha% | 60-70% naphtha% | 0 pts |
| Residual fuel | 2-5% residue% | 2-5% residue% | 0 pts |
| Trading & logistics | |||
| Delivery basis | Santos offshore FPSOs | Sorong terminal | |
| Major exchanges | Spot differential | NGL-linked, spot | |
| Export hub | Santos FPSOs | Sorong Terminal | |
| Main destinations | US Gulf, Europe, Asia | Asia-Pacific | |
| Benchmark type | Regional (Specialty) | Regional (Asia) | |
| Market profile | |||
| Key characteristics | Pre-salt Brazilian condensate, high-value naphtha | LNG byproduct condensate, premium naphtha | |
| Refining notes | Premium naphtha & LPG from deepwater | Integrated LNG-condensate value chain | |
FAQ
Santos Condensate vs Tangguh Condensate questions
The spread, the quality gap and why each grade is a benchmark.
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Santos Condensate Crude was $ and Tangguh Condensate Crude $ per barrel, so Tangguh Condensate traded at a premium of $0 over Santos Condensate. Over the previous 30 shared price days the spread averaged -- $/bbl, with Tangguh Condensate priced above Santos Condensate on 0 day(s).
Santos Condensate Crude is a condensate Brazil (Santos Basin pre-salt) crude (52° API, 0.08% sulfur) and Regional (Specialty) benchmark. Tangguh Condensate Crude is a condensate Indonesia (Bintuni Bay, Tangguh) crude (50° API, 0.04% sulfur) and Regional (Asia) benchmark.