Which crude oil is heaviest?
Heavy crude oil is closely related to natural bitumen from oil sands. Petroleum geologists categorize bitumen from oil sands as ‘extra-heavy oil’ due to its density of less than 10° API. Bitumen is the heaviest, thickest form of petroleum.
What is Basrah Light crude oil?
Iraq’s flagship crude Basrah Light will now have an API of 31.40 and sulfur content of 2.74%. Basrah Heavy, which is a heavy sour crude, has a new API of 24 and 4.05% sulfur.
What is heavy crude oil used for?
While light oils primarily used to create fuels such as gasoline, diesel and aviation fuels, heavy crudes (which also yield these transportation fuels) also provide feedstock for plastics, petrochemicals, other fuels and road surfacing.
What is the difference between heavy crude and light crude?
Light Crude oil is liquid petroleum that has low density and that flows freely at room temperature. It is referred to as “heavy” because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°.
Who has the best quality crude oil?
The country with the highest oil production is the United States, which is responsible for producing more than 15,647,000 barrels per day. Venezuela is the country with the most crude oil reserves in the world: 303.81 billion barrels. The best-quality crude oil is found in Malaysia.
What is API in crude oil?
The American Petroleum Institute gravity, or API gravity, is a measure of how heavy or light a petroleum liquid is compared to water: if its API gravity is greater than 10, it is lighter and floats on water; if less than 10, it is heavier and sinks.
What are the different crude oils?
A partial list of global crude oil streams tested and inspected and tested by Intertek are shown below.
- Sweet Crude Oils.
- Sour Crude Oils.
- Light Crude Oils.
- Medium Crude Oils.
- Heavy Crude Oils.
- Sweet Light Crude Oil.
- Synthetic Crude oils.
What is the best crude oil in the world?
The best crude oil in the world is found in Malaysia. “Tapis, the Malaysian crude benchmark traded in Singapore, has for a long time held the title of the world’s most expensive grade.
Why is heavy crude important?
Heavy crude oil is also known as “tar sands” because of its high bitumen content. With simple distillation, heavier crude oil produces more lower-valued products, compared to the simple distillation of light crude. Heavy crude oil requires extra refining to produce more valuable and in-demand products.
Where does Basrah heavy crude oil come from?
The Basrah Heavy stream is exported from the Al Basra Oil Terminal and Khor al-Amaya Oil Terminal. The Al Basra Oil Terminal, commonly referred to as ABOT, is a deep sea island offshore crude terminal located approximately 31 nautical miles SE of the Iraqi port of Al Faw.
What are the grades of Basrah light oil?
Basrah Light and Basrah Heavy were initially marketed by SOMO as an API of 34 and 26 degrees but these grades have been much heavier in recent years as new oil fields came on-stream, changing their quality. SOMO explained in the letter that this move was for the “intended segregation” of Basrah Light into two grades.
Where is the oil terminal in Al Basra?
Load Port Data. The Al Basra Oil Terminal, commonly referred to as ABOT, is a deep sea island offshore crude terminal located approximately 31 nautical miles SE of the Iraqi port of Al Faw. Crude oil produced for export from the southern Iraqi oilfields is piped to the southern tip of the al-Faw Peninsula and then undersea to the ABOT.
Why did Iraq split its Basrah crude grade?
Iraq split its Basrah crude grades before, launching exports of Basrah Heavy in June 2015 to improve the quality and stability of its more-lucrative Basrah Light grade. It followed persistent complaints over variable quality from buyers, which led to cutbacks in upstream production and ships rejecting loadings.