Historical archive

Norm prices for Norwegian crude oil 3nd quarter 2000

Historical archive

Published under: Stoltenberg's 1st Government

Publisher: Ministry of Petroleum and Energy

Press release

No.: 2/01
Date: 02.01.2001

Contact: Sissel Edvardsen, +47 22 24 61 09

Norm prices for Norwegian crude oil 3 nd quarter 2000

The Petroleum Price Board has set norm prices for Norwegian crude oil lifted in the 3 nd> quarter of 2000. 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 3 nd >quarter of 2000:

July

August

September

Brent Blend (FOB Sullom Voe)

247,15

269,56

299,64

Ekofisk (FOB Teesside)

244,97

265,09

291,36

Statfjord (FOB lastebøye)1)

249,32

270,46

294,12

Snorre (FOB lastebøye)1)

249,32

270,46

294,12

Gullfaks A+B (FOB lastebøye)1)

243,67

266,43

296,42

Gullfaks C (FOB lastebøye)1)

245,84

268,22

297,34

Tordis (FOB lastebøye)1)

245,84

268,22

297,34

Oseberg (FOB Sture)

242,80

265,09

294,12

Draugen (FOB lastebøye)1)

244,97

270,01

293,20

Troll (FOB Mongstad)

240,62

262,40

290,44

Heidrun (FOB Mongstad/fritt levert Tetney)

238,01

253,44

282,61

Norne (FOB skip)1)

244,54

265,98

281,23

Njord (FOB skip)1)

249,76

268,67

282,15

Jotun (FOB skip)1)

248,45

265,98

285,83

Åsgard (FOB skip)1)

252,37

272,25

292,28

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:

July

August

September

Brent Blend (FOB Sullom Voe)

28,40

30,10

32,55

Ekofisk (FOB Teesside)

28,15

29,60

31,65

Statfjord (FOB lastebøye)1)

28,65

30,20

31,95

Snorre (FOB lastebøye)1)

28,65

30,20

31,95

Gullfaks A+B (FOB lastebøye)1)

28,00

29,75

32,20

Gullfaks C (FOB lastebøye)1)

28,25

29,95

32,30

Tordis (FOB lastebøye)1)

28,25

29,95

32,30

Oseberg (FOB Sture)

27,90

29,60

31,95

Draugen (FOB lastebøye)1)

28,15

30,15

31,85

Troll (FOB Mongstad)

27,65

29,30

31,55

Heidrun (FOB Mongstad/fritt levert Tetney)

27,35

28,30

30,70

Norne (FOB skip)1)

28,10

29,70

30,55

Njord (FOB skip)1)

28,70

30,00

30,65

Jotun (FOB skip)1)

28,55

29,70

31,05

Åsgard (FOB skip)1)

29,00

30,40

31,75

1) Final norm prices are to be set when the final freight costs in 2000 are known.