Baku, Azerbaijan, May 25
By Anvar Mammadov - Trend:
The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, was $50.36 per barrel at the Italian port of Augusta on May 24, or $0.53 more compared to the price on May 23, a source on Azerbaijan's oil and gas market told Trend May 25.
The AZERI Light FOB Ceyhan oil price was $49.58 per barrel on May 24, or $0.55 more than the previous price.
Azerbaijan has been producing AZERI LT since 1997 and exports it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines, as well as by rail to the Georgian port of Batumi.
Azerbaijan has been producing AZERI LT since 1997 and exports it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines, as well as by rail to the Georgian port of Batumi.
The price for URALS-NOVO was $45.59 per barrel on May 24, or $0.57 more than the previous price.
The price for a barrel of Brent Dated, produced from the North Sea, stood at $48.48 on May 24, or $0.07 less than the previous price.