Final norm prices for offshore-loaded Norwegian crude oil in 2000

Historical archive

Published under: Stoltenberg's 1st Government

Publisher: Ministry of Petroleum and Energy

Press release | Date: 20/03/2001 | Last updated: 23/10/2006

Pressemelding

Nr.: 29/01
Dato: 19.03.01

Kontaktperson: Sissel Edvardsen, 22 24 61 09

Final norm prices for offshore-loaded Norwegian crude oil in 2000

The Petroleum Price Board has set final norm prices for offshore-loaded Norwegian crude oil lifted in 2000. For the offshore-loaded crudes the monthly norm prices set every quarter are provisional until the actual transportation costs for the whole year are known. The norm prices are used as tax reference prices in the taxation of the crude oil producers on the Norwegian continental shelf.

The Petroleum Price Board has after adjusting for the actual transportation costs set the following normprices in NOK per barrel with 30 days of credit for 2000:

	Statfjord og Statfjord North	Statfjord East	Snorre	Gullfaks A+B	Vigdis	Visund	Gullfaks C
January	208,50	207,85	207,37	205,21	204,73	204,89	208,42
February	234,07	233,41	232,92	227,81	227,32	227,48	231,93
March	234,00	233,32	232,82	227,60	227,10	227,27	232,23
April	199,45	198,76	198,24	192,91	192,39	192,56	195,92
May	253,50	252,78	252,23	248,89	248,34	248,52	251,15
June	262,27	261,58	261,06	256,98	256,46	256,63	260,02
July	249,93	249,24	248,71	243,75	243,23	243,41	245,93
August	271,09	270,37	269,83	266,52	265,98	266,16	268,31
September	294,76	294,03	293,47	296,51	295,96	296,14	297,43
October	295,07	294,32	293,76	287,49	286,92	287,11	285,15
November	308,30	307,56	307,00	304,94	304,38	304,57	309,14
December	234,09	233,36	232,82	229,47	228,92	229,10	231,73

	Tordis	Draugen	Njord	Norne	Åsgard	Jotun	Sygna
January	208,10	206,25	208,50	203,13
February	231,60	232,59	234,89	226,49
March	231,89	233,32	237,36	227,94
April	195,58	198,33	202,46	191,96	198,76	190,76
May	250,79	253,23	259,38	248,80	253,23	249,79
June	259,67	261,15	268,35	256,89	263,31	259,15
July	245,58	245,32	249,93	244,54	252,28	248,54	249,76
August	267,95	270,37	268,85	265,98	272,16	266,07	270,91
September	297,06	293,57	282,34	281,23	292,19	285,93	294,58
October	284,77	294,32	298,34	288,33	294,79	290,29	294,88
November	308,77	307,56	314,84	302,52	309,89	306,34	308,12
December	231,37	232,91	239,98	227,56	237,90	229,47	233,91

Based on the average exchange rates for each month, the prices in USD/barrel are:

	Statfjord og Statfjord North	Statfjord East	Snorre	Gullfaks A+B	Vigdis	Visund	Gullfaks C
January	26,02	25,94	25,88	25,61	25,55	25,57	26,01
February	28,42	28,34	28,28	27,66	27,60	27,62	28,16
March	27,82	27,74	27,68	27,06	27,00	27,02	27,61
April	23,17	23,09	23,03	22,41	22,35	22,37	22,76
May	28,02	27,94	27,88	27,51	27,45	27,47	27,76
June	30,22	30,14	30,08	29,61	29,55	29,57	29,96
July	28,72	28,64	28,58	28,01	27,95	27,97	28,26
August	30,27	30,19	30,13	29,76	29,70	29,72	29,96
September	32,02	31,94	31,88	32,21	32,15	32,17	32,31
October	31,52	31,44	31,38	30,71	30,65	30,67	30,46
November	33,02	32,94	32,88	32,66	32,60	32,62	33,11
December	25,82	25,74	25,68	25,31	25,25	25,27	25,56

	Tordis	Draugen	Njord	Norne	Åsgard	Jotun	Sygna
January	25,97	25,74	26,02	25,35
February	28,12	28,24	28,52	27,50
March	27,57	27,74	28,22	27,10
April	22,72	23,04	23,52	22,30	23,09	22,16
May	27,72	27,99	28,67	27,50	27,99	27,61
June	29,92	30,09	30,92	29,60	30,34	29,86
July	28,22	28,19	28,72	28,10	28,99	28,56	28,70
August	29,92	30,19	30,02	29,70	30,39	29,71	30,25
September	32,27	31,89	30,67	30,55	31,74	31,06	32,00
October	30,42	31,44	31,87	30,80	31,49	31,01	31,50
November	33,07	32,94	33,72	32,40	33,19	32,81	33,00
December	25,52	25,69	26,47	25,10	26,24	25,31	25,80