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Azerbaijani oil price ups May 29

Economy Materials 30 May 2015 12:36 (UTC +04:00)

Baku, Azerbaijan, May 30
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $65.3 per barrel on May 29, or $2.69 per barrel more compared to the price on May 28, the State Oil Company of Azerbaijan told Trend May 30.

Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, and to the Georgian port of Supsa via the Baku-Supsa pipeline.

AZERI LT FOB Ceyhan oil price was $63.97 per barrel or $2.69 per barrel more than the previous price.

Azerbaijan also exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.

The price of URALS (EX-NOVO) was $61.89 per barrel on May 29 or $2.7 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $63.49 per barrel on May 29, or $2.76 per barrel more than the previous price.

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follow the author on Twitter: @MaksimTsurkov

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