Norm prices for Norwegian crude oil 1st quarter 2001
Historical archive
Published under: Stoltenberg's 1st Government
Publisher: Ministry of Petroleum and Energy
Press release | Date: 21/06/2001 | Last updated: 23/10/2006
Press release
No.: 78/01
Date: 21.06.01
Contact: Sissel Edvardsen, + 47 22 24 61 09
Norm prices for Norwegian crude oil 1 st quarter 2001
The Petroleum Price Board has set norm prices for Norwegian crude oil lifted in the 1 st> quarter of 2001. The norm prices 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 1
st >quarter of 2001:
January February March
Brent Blend (FOB Sullom Voe) | 225,60 | 244,63 | 218,97 |
Ekofisk (FOB Teesside) | 225,17 | 246,41 | 217,62 |
Statfjord (FOB loading buoy)1) | 229,99 | 249,97 | 219,42 |
Snorre (FOB loading buoy)1) | 229,99 | 249,97 | 219,42 |
Gullfaks A+B (FOB loading buoy)1) | 226,04 | 243,73 | 216,28 |
Gullfaks C (FOB loading buoy)1) | 229,12 | 246,85 | 217,62 |
Tordis (FOB loading buoy)1) | 229,12 | 246,85 | 217,62 |
Oseberg (FOB Sture) | 227,36 | 246,85 | 219,42 |
Draugen (FOB loading buoy)1) | 229,99 | 249,97 | 220,32 |
Troll (FOB Mongstad) | 222,97 | 237,50 | 208,20 |
Heidrun (FOB Mongstad/delivered Tetney) | 217,70 | 237,50 | 208,20 |
Norne (FOB ship)1) | 225,60 | 242,40 | 216,28 |
Njord (FOB ship)1) | 235,70 | 255,32 | 221,66 |
Jotun (FOB ship)1) | 227,36 | 242,84 | 217,62 |
Åsgard (FOB ship)1) | 234,82 | 252,20 | 222,56 |
1) Final norm prices are to be set when the final freight costs in 2001 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) | 25,70 | 27,45 | 24,40 |
Ekofisk (FOB Teesside) | 25,65 | 27,65 | 24,25 |
Statfjord (FOB loading buoy)1) | 26,20 | 28,05 | 24,45 |
Snorre (FOB loading buoy)1) | 26,20 | 28,05 | 24,45 |
Gullfaks A+B (FOB loading buoy)1) | 25,75 | 27,35 | 24,10 |
Gullfaks C (FOB loading buoy)1) | 26,10 | 27,70 | 24,25 |
Tordis (FOB loading buoy)1) | 26,10 | 27,70 | 24,25 |
Oseberg (FOB Sture) | 25,90 | 27,70 | 24,45 |
Draugen (FOB loading buoy)1) | 26,20 | 28,05 | 24,55 |
Troll (FOB Mongstad) | 25,40 | 26,65 | 23,20 |
Heidrun (FOB Mongstad/delivered Tetney) | 24,80 | 26,65 | 23,20 |
Norne (FOB ship)1) | 25,70 | 27,20 | 24,10 |
Njord (FOB ship)1) | 26,85 | 28,65 | 24,70 |
Jotun (FOB ship)1) | 25,90 | 27,25 | 24,25 |
Åsgard (FOB ship)1) | 26,75 | 28,30 | 24,80 |
1) Final norm prices are to be set when the final freight costs in 2001 are known.