Price Formula

 

Iranian Crude Oil Official Selling Price Formula

 [for: May 2009]

 

Region

  North West Europe* Mediterranean Sidi Kerir South Africa   Asia

Grade

Price

Index

(FOB Kharg) (FOB Kharg)

(FOB SidiKerir)

(FOB Kharg) Price

Index

(FOB Kharg)
Iran Light Ice

Bwave

-3.30 -3.40 -2.40 -3.30 Average

(Oman,

Dubai)

+1.10
Iran Heavy -4.05 -4.20 -3.20 -4.05 -0.45
Forozan Blend -3.90 -4.05 -3.05 -3.90 -0.40
Soroosh Iran

Heavy

- -2.05 - - Iran

Heavy

-10.55
Nowrooz - -1.05 - - -9.95
*: Freight adjustment to be applied.

 

2008 :  Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2009 :  Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec