Normprices for Norwegian crude oil 1st quarter 2000
Historical archive
Published under: Stoltenberg's 1st Government
Publisher: Ministry of Petroleum and Energy
Press release | Date: 16/06/2000 | Last updated: 21/10/2006
Press release
No.: 34/00
Date: 16.06.00
Contact: Sissel Edvardsen, +47 22 24 61 09
Normprices for Norwegian crude oil 1 st quarter 2000
The Petroleum Price Board has set normprices for Norwegian crude oil lifted in the 1 st> quarter of 2000. 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 normprices in NOK per barrel with 30 days of credit for the 1 st >quarter of 2000:
January | February | March | |
Brent Blend (FOB Sullom Voe) | 205,13 | 228,78 | |
Ekofisk (FOB Teesside) | 207,53 | 232,26 | 232,57 |
Statfjord (FOB loading bouy)1) | 207,93 | 233,49 | 233,41 |
Snorre (FOB loading bouy)1) | 207,93 | 233,49 | 233,41 |
Gullfaks A+B (FOB loading bouy)1) | 205,13 | 227,73 | 227,52 |
Gullfaks C (FOB loading bouy)1) | 208,34 | 231,85 | 232,15 |
Tordis (FOB loading bouy)1) | 208,34 | 231,85 | 232,15 |
Oseberg (FOB Sture) | 208,74 | 233,08 | 231,73 |
Draugen (FOB loading bouy)1) | 205,93 | 232,26 | 232,99 |
Troll (FOB Mongstad) | 205,53 | 229,79 | 226,26 |
Heidrun (FOB Mongstad/delivered Tetney) | 199,52 | 223,61 | 222,47 |
Norne (FOB ship)1) | 203,13 | 226,49 | 227,94 |
Njord (FOB ship)1) | 208,34 | 234,73 | 237,19 |
1) Final norm prices are to be set when the final freight costs in 2000 are known.
By using an average exchange rate for the months of the quarter, the equivalent prices in USD are:
January | February | March | |
Brent Blend (FOB Sullom Voe) | 25,60 | 27,20 | |
Ekofisk (FOB Teesside) | 25,90 | 28,20 | 27,65 |
Statfjord (FOB loading bouy)1) | 25,95 | 28,35 | 27,75 |
Snorre (FOB loading bouy)1) | 25,95 | 28,35 | 27,75 |
Gullfaks A+B (FOB loading bouy)1) | 25,60 | 27,65 | 27,05 |
Gullfaks C (FOB loading bouy)1) | 26,00 | 28,15 | 27,60 |
Tordis (FOB loading bouy)1) | 26,00 | 28,15 | 27,60 |
Oseberg (FOB Sture) | 26,05 | 28,30 | 27,55 |
Draugen (FOB loading bouy)1) | 25,70 | 28,20 | 27,70 |
Troll (FOB Mongstad) | 25,65 | 27,90 | 26,90 |
Heidrun (FOB Mongstad/delivered Tetney) | 24,90 | 27,15 | 26,45 |
Norne (FOB ship)1) | 25,35 | 27,50 | 27,10 |
Njord (FOB ship)1) | 26,00 | 28,50 | 28,20 |
1) Final norm prices are to be set when the final freight costs in 2000 are known.