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Hydrocarbons: the different quarterly averages of the prices of known petroleum products

19/10/2022
Categories: Raw materials

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The work of the committee on hydrocarbon prices produced in the Republic of Congo for the third quarter of 2022 began on October 12 and ended on October 14 in Pointe- Black It was under the patronage of the Minister of State, Minister of Industries and Geology, Pierre Oba, representing the Minister of Hydrocarbons, Bruno Jean-Richard Itoua.

The meeting was organized by TotalEnergies EP Congo. In fact, the quarterly average of fixed hydrocarbon prices is 103.9 dollars per barrel, with a differential of 3.9 dollars per barrel. With regard to the prices of Congolese crudes in dollars per barrel, Djeno is -0.5 compared to dated Brent, Yombo, +7.6 compared to dated Brent, Nkossa butane, 0.0 compared to North West Europe butane, and Nkossa propane, 5.4 compared to Mont Belvieu propane. As for the prices set for hydrocarbons produced in the Congo, fixed in dollars per barrel, Djeno Blend is 98.7, Nkossa Blend 104.7, Yombo 108.5, Nkossa butane 56.7, and Nkossa propane 54.5. The next committee to fix the prices of hydrocarbons produced in the Republic of Congo, counting for the fourth quarter, will be held from 11 to 13 January 2023, in Brazzaville.

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