Baku, Azerbaijan, March 19
By Maksim Tsurkov - Trend:
The price of AZERI LT CIF Augusta stood at $55.27 per barrel on Mar.18, or $1.03 per barrel more compared to the price on Mar.17, according to the State Oil Company of Azerbaijan (SOCAR).
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 $54.03 per barrel or $1.03 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 $50.33 per barrel on Mar.18, or $0.54 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $52.65 per barrel on Mar.18, or $1.01 per barrel more than the previous price.
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