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Azerbaijani oil prices up Aug. 25

Economy Materials 26 August 2015 12:22 (UTC +04:00)

Baku, Azerbaijan, Aug. 26
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $44.47 per barrel on August 25 or $0.47 per barrel more compared to the price on Aug.24, the State Oil Company of Azerbaijan told Trend August 26.

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 $43.68 per barrel or $0.51 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 $40.83 per barrel on August 25 or $0.49 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $42.03 per barrel on August 25, or $0.17 per barrel more than the previous price.

Follow the author on Twitter: @MaksimTsurkov

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