Girassol
Girassol Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2022-12-31 | $79 | 577 | 586 | 1.87 |
| 2022-11-30 | $93 | 680 | 691 | 2.21 |
| 2022-10-31 | $96 | 701 | 712 | 2.28 |
| 2022-08-31 | $106 | 777 | 790 | 2.52 |
| 2022-07-31 | $119 | 873 | 888 | 2.84 |
| 2022-06-01 | $127 | 931 | 946 | 3.02 |
| 2022-05-01 | $114 | 835 | 849 | 2.71 |
| 2022-03-01 | $122 | 891 | 906 | 2.89 |
| 2022-02-01 | $101 | 739 | 751 | 2.4 |
| 2022-01-31 | $88 | 647 | 658 | 2.1 |
| 2021-12-31 | $75 | 551 | 560 | 1.79 |
| 2021-11-30 | $82 | 603 | 613 | 1.96 |
| 2021-09-01 | $75 | 548 | 557 | 1.78 |
| 2021-08-01 | $71 | 520 | 528 | 1.69 |
| 2021-07-01 | $75 | 553 | 562 | 1.8 |
| 2021-06-01 | $73 | 539 | 547 | 1.75 |
| 2021-05-01 | $68 | 501 | 510 | 1.63 |
| 2021-04-01 | $64 | 469 | 477 | 1.52 |
| 2021-03-01 | $66 | 484 | 492 | 1.57 |
| 2021-02-01 | $63 | 462 | 469 | 1.5 |
| 2020-12-01 | $52 | 377 | 384 | 1.23 |
| 2020-11-01 | $44 | 323 | 329 | 1.05 |
| 2020-10-01 | $41 | 298 | 303 | 0.97 |
| 2020-09-01 | $41 | 301 | 306 | 0.98 |
| 2020-08-01 | $46 | 336 | 341 | 1.09 |
| 2020-07-01 | $46 | 336 | 341 | 1.09 |
| 2020-06-01 | $43 | 316 | 321 | 1.03 |
| 2020-05-01 | $29 | 210 | 213 | 0.68 |
| 2020-04-01 | $15 | 108 | 110 | 0.35 |
| 2020-02-01 | $57 | 420 | 427 | 1.36 |
Girassol Historical price
- In 2017 maximum price $65 per bbl (2017-12-01)
- In 2018 maximum price $58 per bbl (2018-12-01)
- In 2019 maximum price $70 per bbl (2019-12-01)
- In 2020 maximum price $52 per bbl (2020-12-01)
- In 2021 maximum price $75 per bbl (2021-12-31)
- In 2022 maximum price $79 per bbl (2022-12-31)
Understanding Girassol Crude Oil: The Basics
Girassol crude oil is a high-quality, light sweet crude oil that is produced in Angola, a country located on the west coast of Africa. It is one of the largest crude oil production sources in Africa and is highly valued due to its low sulfur content, which makes it easier to refine into gasoline and other petroleum products.
Girassol crude oil is exported to countries around the world and is used to meet the energy demands of both developed and developing countries. It is an important source of income for Angola and has played a significant role in the country's economic development. In this article, we will provide a comprehensive overview of Girassol crude oil, including its production, refining, and marketing.
Understanding the Production of Girassol Crude Oil
Girassol crude oil is produced by the Angola offshore Block 17, which is operated by the French oil company Total. The oil is extracted from underwater wells in the Atlantic Ocean and is then transported to onshore facilities for processing and refining. The production of Girassol crude oil is subject to international oil standards and is carried out using state-of-the-art technology to ensure its quality and safety.
The production of Girassol crude oil is a complex process that involves drilling, extracting, and transporting the oil. The oil is extracted from the ocean floor using advanced drilling technology and is then transported to onshore facilities for processing. The oil is then transported to refineries where it is processed into various petroleum products.
The Refining of Girassol Crude Oil
The refining of Girassol crude oil is a critical step in the production process. The crude oil is processed in refineries to produce a range of petroleum products, including gasoline, diesel fuel, and aviation fuel. The refining process is highly technical and requires the use of advanced equipment and technology to ensure the quality of the final product.
Girassol crude oil is highly valued due to its low sulfur content, which makes it easier to refine into gasoline and other petroleum products. This low sulfur content also makes Girassol crude oil environmentally friendly and less harmful to the environment than other crude oils.
Marketing and Exportation of Girassol Crude Oil
Girassol crude oil is exported to countries around the world, including Europe, Asia, and North America. The oil is marketed to refineries and other customers in these countries, and its quality and low sulfur content make it an attractive option for those in need of petroleum products.
In order to meet the increasing demand for Girassol crude oil, the Angola government has implemented policies to encourage investment in the oil sector. This has led to an increase in the production of Girassol crude oil and has contributed to the economic development of Angola.
In conclusion, Girassol crude oil is a high-quality, light sweet crude oil that is produced in Angola and is highly valued due to its low sulfur content. It is an important source of income for Angola and is exported to countries around the world to meet the energy demands of both developed and developing countries. Understanding the production, refining, and marketing of Girassol crude oil is critical for those in the energy sector and for those interested in the economic development of Angola.
Frequently Asked Questions about Girassol Crude Oil
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What makes Girassol crude oil different from other crude oils? Girassol crude oil is a high-quality, light sweet crude oil that has a low sulfur content compared to other crude oils. This makes it easier to refine into gasoline and other petroleum products, and also makes it more environmentally friendly.
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What is the current production capacity of Girassol crude oil? As of 2021, the current production capacity of Girassol crude oil is around 200,000 barrels per day. This number is expected to increase in the coming years as Angola continues to invest in its oil industry.
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How is Girassol crude oil transported to other countries? Girassol crude oil is transported by tanker ships to refineries and other customers around the world. The oil is loaded onto the ships at offshore loading terminals in Angola and then transported to its final destination.
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What is the role of Girassol crude oil in Angola's economy? Girassol crude oil is an important source of income for Angola and has played a significant role in the country's economic development. The oil industry accounts for a large portion of Angola's GDP and provides employment for many people.
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How does the price of Girassol crude oil compare to other crude oils? The price of Girassol crude oil is subject to fluctuations based on supply and demand, geopolitical factors, and other market forces. Generally, the price of Girassol crude oil is comparable to other high-quality, low-sulfur crude oils such as Brent crude oil.
Conclusion
In conclusion, Girassol crude oil is an important source of income for Angola and is highly valued for its quality and low sulfur content. Understanding the production, refining, and marketing of Girassol crude oil is critical for those in the energy sector and for those interested in the economic development of Angola. With its increasing production capacity and continued investment in the oil industry, Girassol crude oil is expected to remain a key player in the global energy market.
