For the NCS production, the internal transfer price paid from Marketing, Midstream and Processing (MMP) to Development & Production Norway (DPN) consists of the following price components: Volumes sold under regular sales contracts or in the spot market are priced using a basket of relevant price markers which is reflecting Statoil’s sales structure. This is based on quotations at Title Transfer Facility (TTF) and National Balancing Point (NBP). Certain long term contracts are priced towards DPN using actual contract price and certain LNG volumes are priced at Henry Hub (HH) quotations. 

The internal transfer price is reported after deducting costs relating to bringing the gas from field of production to market and a marketing fee element.

1 mmbtu is equivalent to 26,38 Sm3 
NOK conversion to USD based on average daily exchange rate for the quarter

 Period Internal gas price (USD/mmbtu)
 2016  
3Q     2,62
2Q 2,90
1Q 4,00 


Period Internal gas price (USD/mmbtu) 
 2015
 4Q 4,75 
 3Q 5,01 
 2Q 4,99 
 1Q 5,90 


Period Internal gas price (NOK/Sm3)
2015
4Q 1,54
3Q 1,56
2Q 1,47
1Q 1,74
2014
4Q 1,70
3Q

1,20

2Q 1,44 
1Q 1,83
2013
4Q 2,02
3Q 1,78
2Q 1,97
1Q 1,91
2012
4Q 1,86
3Q 1,77
2Q 1,91
1Q 1,83
2011
4Q 1,72
3Q 1,55
2Q 1,76
1Q 1,56
2010
4Q 1,48
3Q 1,32
2Q 1,17
1Q 1,13
2009
4Q 1,07
3Q 1,16
2Q 1,32
1Q 1,90
2008
4Q 2,32
3Q 1,86
2Q 1,73
1Q 1,55
2007
4Q 1,53
3Q 1,35
2Q 1,25
1Q 1,38
2006
4Q 1,48
3Q 1,40
2Q 1,27
1Q 1,26