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Azerbaijani oil price ups Oct. 6

Economy Materials 7 October 2015 11:34 (UTC +04:00)
The price of AZERI LT CIF Augusta stood at $53.99 per barrel on Oct. 6 or $1.97 per barrel more compared to the price on Oct. 5

Baku, Azerbaijan, Oct. 7
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $53.99 per barrel on Oct. 6 or $1.97 per barrel more compared to the price on Oct. 5, the State Oil Company of Azerbaijan told Trend Oct. 7.

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 $53.12 per barrel or $1.92 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 $48.87 per barrel on Oct. 6 or $1.79 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $51.24 per barrel on Oct. 6, or $1.92 per barrel more than the previous price.

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Follow the author on Twitter: @MaksimTsurkov

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