Norm prices for Norwegian crude oil 4th quarter 2002
Historical archive
Published under: Bondevik's 2nd Government
Publisher: Ministry of Petroleum and Energy
Press release | Date: 19/03/2003 | Last updated: 24/10/2006
The Petroleum Price Board has set normprices for Norwegian crude oil lifted in the 4 th> quarter of 2002. (19.03.03)
Press release
No.: 25/03
Date: 19.03.2003
Contact: Lars Nermoen, +47 22 24 61 07
Norm prices for Norwegian crude oil 4th quarter 2002
The Petroleum Price Board has set
normprices for Norwegian crude oil lifted in the
4
th> quarter of 2002. The normprices are used as tax
reference prices in the taxation of the crude oil producers on the
Norwegian continental shelf and are set in arrears for every
quarter.
The Petroleum Price Board has set
the following norm prices in NOK per barrel with
30 days of credit for the 4
th >quarter of 2002:
October | November | December | |
Brent Blend (FOB Sullom Voe) | 206.51 | 176.52 | 205.72 |
Ekofisk (FOB Teesside) | 206.13 | 176.52 | 206.08 |
Statfjord (FOB loading buoy)1) | 204.64 | 176.16 | 207.16 |
Snorre (FOB loading buoy)1) | 204.64 | 176.16 | 207.16 |
Gullfaks A+B (FOB loading buoy)1) | 203.14 | 175.79 | 204.65 |
Gullfaks C (FOB loading buoy)1) | 205.01 | 175.79 | 206.44 |
Tordis (FOB loading buoy)1) | 205.01 | 175.79 | 206.44 |
Oseberg (FOB Sture) | 207.63 | 177.25 | 207.16 |
Draugen (FOB loading buoy)1) | 203.14 | 173.96 | 202.14 |
Troll (FOB Mongstad) | 203.89 | 176.89 | 204.29 |
Heidrun (FOB Mongstad/delivered Tetney) | 197.53 | 164.46 | 198.20 |
Norne (FOB ship)1) | 205.39 | 175.06 | 205.36 |
Njord (FOB ship)1) | 208.38 | 178.35 | 208.59 |
Åsgard (FOB ship)1) | 206.51 | 176.16 | 206.44 |
Glitne (FOB ship)1) | 196,78 | 169,21 | 199,27 |
1>) Final norm prices are set in a different press release today.
By using an average exchange rate for the months of the quarter, the equivalent prices in USD are:
October | November | December | |
Brent Blend (FOB Sullom Voe) | 27.60 | 24.15 | 28.70 |
Ekofisk (FOB Teesside) | 27.55 | 24.15 | 28.75 |
Statfjord (FOB loading buoy)1) | 27.35 | 24.10 | 28.90 |
Snorre (FOB loading buoy)1) | 27.35 | 24.10 | 28.90 |
Gullfaks A+B (FOB loading buoy)1) | 27.15 | 24.05 | 28.55 |
Gullfaks C (FOB loading buoy)1) | 27.40 | 24.05 | 28.80 |
Tordis (FOB loading buoy)1) | 27.40 | 24.05 | 28.80 |
Oseberg (FOB Sture) | 27.75 | 24.25 | 28.90 |
Draugen (FOB loading buoy)1) | 27.15 | 23.80 | 28.20 |
Troll (FOB Mongstad) | 27.25 | 24.20 | 28.50 |
Heidrun (FOB Mongstad/delivered Tetney) | 26.40 | 22.50 | 27.65 |
Norne (FOB ship)1) | 27.45 | 23.95 | 28.65 |
Njord (FOB ship)1) | 27.85 | 24.40 | 29.10 |
Åsgard (FOB ship)1) | 27.60 | 24.10 | 28.80 |
Glitne (FOB ship)1) | 26.30 | 23.15 | 27.80 |
1>) Final norm prices are set in a different press release today.