Nigerian crude grade · Condensate / very light sweet

Akpo crude oil

Company-published assay, 22 October 2020 Akpo FPSO
API gravity
46.7°1
Sulphur
0.07 wt%
Acidity (TAN)
0.08 mg KOH/g
Pour point
-6 °C
Barrels per tonne
7.93 derived2

Evidence basis: Company-reported Company-published assay, dated 22 October 2020. Crude quality varies from cargo to cargo; in any transaction the certificate of quality for the specific lifting governs, not a published assay.

Akpo: quality and origin

Akpo Blend is a condensate-like stream from a deepwater field about 135 km offshore, produced through an FPSO with two million barrels of storage.3 The TotalEnergies assay of October 2020 gives 46.7° API, 0.07% sulphur and a very low total acid number of 0.08.1

Naphtha and kerosene dominate: heavy naphtha (80–175 °C) alone is 27.2% by weight and residue above 375 °C only 16.1%.1 The regulator reports Akpo as condensate — 37.38 thousand b/d in May 20264 — and it sits outside Nigeria's OPEC crude quota.5

Recent developments

The Akpo West tie-back started up in February 2024, adding condensate volumes.3 The operator is TotalEnergies with a 24% interest, alongside CNOOC, Sapetro and Prime 130.3 Because TotalEnergies is an equity producer, it markets its own entitlement directly — one of the legitimate non-NNPC routes described in how Nigerian crude is sold. The France market profile shows how that equity link shapes where the barrels go.

Distillation yields

Yields in wt% as published; the cut ranges overlap, so rows do not sum to 100. Source: TotalEnergies Trading, assay dated 22 October 2020.
CutYield (wt%)
Light naphtha (15–80 °C)9
Heavy naphtha (80–175 °C)27.2
Kerosene (150–230 °C)19.6
Gasoil (175–400 °C)47.1
Residue (>375 °C)16.1
Vacuum residue (>550 °C)4

Other assay values: density 793.9 kg/m³; viscosity 3.1 cSt at 10 °C; 1.4 cSt at 50 °C; nickel 1.5 and vanadium 0.1 mg/kg.1

How published figures compare

Publishers quote different qualities for Akpo because assays are run years apart on a stream whose field mix changes, and because price-reporting agencies publish rounded "typical" values. We show the figures side by side rather than silently choosing one.

SourceAPISulphur wt%Evidence
TotalEnergies Trading, 22 October 2020146.70.07Company-reported
EIA table, Nov 20256460.06Government

Loading, operator and output

Loading point
Akpo FPSO — see the export terminal database
Operator
TotalEnergies Upstream Nigeria (operator, 24%), with CNOOC, Sapetro and Prime 130; OML 1303
Producing area
Deepwater, about 135 km offshore in 1,100–1,300 m of water
Status
Active
Reported output
37.4 thousand b/d — AKPO condensate row, May 2026.4 This is production by stream, not exports; part of some streams is delivered to Nigerian refineries.
Pricing basis
A differential to Dated Brent — see how Nigerian crude is priced
Volume conversion
7.93 barrels per tonne at this gravity (our derived figure) — the barrels-to-tonnes converter has Akpo as a preset
Checking an offer
A genuine Akpo cargo traces back to the operator and loading point above. See who can lawfully sell Nigerian crude and the verification centre before engaging any seller

Comparable grades

The Nigerian grades closest to Akpo by API gravity. The comparison tool puts any of them side by side.

Sources

  1. TotalEnergies Trading — Akpo Blend assay (published 22 October 2020; retrieved 18 September 2026) Company-reported
  2. Nigeria Crude Oil Merchant — Derived calculation — see our methodology (retrieved 18 September 2026) IndustryOur own arithmetic on cited inputs; not an official figure.
  3. Offshore Technology — Akpo field (retrieved 18 September 2026) Industry
  4. Nigerian Upstream Petroleum Regulatory Commission — 2026 daily average crude oil and condensate production by terminal stream, January–May (provisional) (published June 2026; retrieved 18 September 2026) RegulatoryProduction by stream, not exports. Provisional.
  5. Oxford Institute for Energy Studies — Nigerian Barrels and the Demand Shock (published June 2020; retrieved 18 September 2026) Industry
  6. U.S. Energy Information Administration — Country Analysis Brief: Nigeria (published 18 November 2025; retrieved 18 September 2026) GovernmentExport volumes are EIA and Global Trade Tracker estimates for calendar 2024. Grade table draws on Argus, Reuters and OIES.

Last reviewed 18 September 2026. Found an error? Tell us — see our methodology and corrections policy.