Masters Energy Oil and Gas Ltd
Masters Energy Oil and Gas Ltd
We provide world-class service delivery to our clients through sound management system, innovation and technology.
Published Jul 5, 2022
Only a few people outside the energy sector are interested in the nitty-gritty of the industry, as they are only interested in the finished product, while a few, in the yield it generates.
However, as a key player in the oil and gas industry in Nigeria, we use our platforms to inform the public about the industry. Topics we talk about range from renewable energy, LPG, oil & gas, etc.
The extracted crude oil in its natural unrefined state from the ground significantly varies in its consistency and density – from a volatile and relatively thin liquid to a semi-solid and viscous substance.
Still, often referred to as the ‘black gold, the color of different crude oils may also vary from a light, golden yellow to dark black.
Oil can be grouped by its sulfur contents, and is categorized as either sweet or sour, or by density as either heavy or light.
Using these two groups—and by creating a group in between—oil is classified into six classes by the industry and investors.
- Heavy/Sweet
- Heavy/Sour
- Medium/Sweet
- Medium Sour
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- Light/Sweet
- Light/Sour
Nigeria produces only high value, low sulfur content, light crude oils - Antan Blend, Bonny Light, Bonny Medium, Brass Blend, Escravos Light, Forcados Blend, IMA, Odudu Blend, Pennington Light, Qua-Iboe Light, and Ukpokiti.
3 factors of crude oil classification
The oil and gas industry and regulators use crude oil's density and sulfur content to classify it into several categories.
1. Viscosity
2. Volatility
3. Toxicity
In subsequent posts, we would intimate you with detailed industry secrets that you might not be familiar with.
Do you want to be one of our dealers?
Visit at www.mastersenergyltd.com
#oilandgas #renewableenergy #tuesday #lpg
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