Historical archive

Norm prices for Norwegian crude oil 2nd quarter 2001

Historical archive

Published under: Stoltenberg's 1st Government

Publisher: Ministry of Petroleum and Energy

Press release

No.: 109/01
Date: 17.09.01

Contact: Sissel Edvardsen, +47 22 24 61 09

Norm prices for Norwegian crude oil 2 nd quarter 2001

The Petroleum Price Board has set norm prices for Norwegian crude oil lifted in the 2 nd> quarter of 2001. 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 2 nd >quarter of 2001:

April

May

June

Brent Blend (FOB Sullom Voe)

233,72

261,06

258,97

Ekofisk (FOB Teesside)

231,45

262,88

255,25

Statfjord (FOB lastebøye)1)

234,18

263,34

255,71

Snorre (FOB lastebøye)1)

234,18

263,34

255,71

Gullfaks A+B (FOB lastebøye)1)

229,17

259,23

252,92

Gullfaks C (FOB lastebøye)1)

230,99

260,60

254,78

Tordis (FOB lastebøye)1)

230,99

260,60

254,78

Oseberg (FOB Sture)

232,36

261,51

260,36

Draugen (FOB lastebøye)1)

232,81

262,43

261,29

Troll (FOB Mongstad)

221,44

252,83

250,60

Heidrun (FOB Mongstad/fritt levert Tetney)

217,81

243,23

237,12

Norne (FOB skip)1)

230,54

258,31

257,11

Njord (FOB skip)1)

239,63

267,91

267,80

Jotun (FOB skip)1)

233,72

261,51

255,71

Åsgard (FOB skip)1)

235,99

268,37

262,69

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:

April

May

June

Brent Blend (FOB Sullom Voe)

25,70

28,55

27,85

Ekofisk (FOB Teesside)

25,45

28,75

27,45

Statfjord (FOB lastebøye)1)

25,75

28,80

27,50

Snorre (FOB lastebøye)1)

25,75

28,80

27,50

Gullfaks A+B (FOB lastebøye)1)

25,20

28,35

27,20

Gullfaks C (FOB lastebøye)1)

25,40

28,50

27,40

Tordis (FOB lastebøye)1)

25,40

28,50

27,40

Oseberg (FOB Sture)

25,55

28,60

28,00

Draugen (FOB lastebøye)1)

25,60

28,70

28,10

Troll (FOB Mongstad)

24,35

27,65

26,95

Heidrun (FOB Mongstad/fritt levert Tetney)

23,95

26,60

25,50

Norne (FOB skip)1)

25,35

28,25

27,65

Njord (FOB skip)1)

26,35

29,30

28,80

Jotun (FOB skip)1)

25,70

28,60

27,50

Åsgard (FOB skip)1)

25,95

29,35

28,25

1) Final norm prices are to be set when the final freight costs in 2001 are known.