Crude grade comparison

Tapis Blend vs Bonga

Malaysia (Offshore Sabah)

Tapis Blend

--
--
Class
Light/Sweet
API
45.2°
Sulfur
0.03%
VS
Tapis Blend – Bonga spread -- · Tapis Blend premium
Nigeria (Niger Delta FPSO offshore)

Bonga

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

Tapis Blend is light/sweet crude (45.2° API, 0.03% 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.

  • Tapis Blend Crude
  • Bonga Crude

Physical & chemical properties

API gravityhigher = lighter
TB45.2°
B32.3°
Sulfur contenthigher = sourer
TB0.03%
B0.2%
Densityhigher = heavier
TB0.792 g/cm³
B0.849 g/cm³
Viscosityhigher = thicker
TB2.2 cSt
B3.4 cSt
Pour pointhigher = waxier
TB-12 °C
B-5 °C

Typical refinery yields

Gasoline% of barrel
TB60-65%
B47-50%
Diesel% of barrel
TB05-07'%
B27-31%
Jet fuel% of barrel
TB08-10'%
B01-12'%
Residual fuel% of barrel
TB02-05'%
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 Tapis Blend Crude and Bonga Crude
PropertyTapis Blend CrudeBonga CrudeTapis Blend − Bonga
Classification
ClassificationLight/SweetLight/Sweet
OriginMalaysia (Offshore Sabah)Nigeria (Niger Delta FPSO offshore)
Chemical properties
API gravity45.2° API32.3° API+12.9 °API
Sulfur content0.03%0.2%-0.17%
Density0.792 g/cm³0.849 g/cm³-0.057 g/cm³
Pour point-12 °C-5 °C-7 °C
Viscosity2.2 cSt3.4 cSt-1.2 cSt
Typical refinery yields
Gasoline60-65%47-50%+15 pts
Diesel05-07'%27-31%-24 pts
Jet fuel08-10'%01-12'%-2 pts
Residual fuel02-05'%10-12'%-7 pts
Trading & logistics
Delivery basisSabah terminals, MalaysiaBonga FPSO terminal
Major exchangesPlatts (historic APPI); spotSpot differential
Export hubKerteh, SabahBonga FPSO
Main destinationsSingapore, Europe, US GulfEurope, Asia
Benchmark typeRegional (Asia-Pacific)Regional (Spot)
Market profile
Key characteristicsUltra-light ultra-sweet, premium naphtha and gasolineNigerian FPSO production, medium-light grade
Refining notesExtremely high gasoline/naphtha yield; little residFPSO offshore production
FAQ

Tapis Blend vs Bonga questions

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

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

Tapis Blend Crude is a light/sweet Malaysia (Offshore Sabah) crude (45.2° API, 0.03% sulfur) and Regional (Asia-Pacific) benchmark. Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark.