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Azerbaijani oil prices down April 9

Oil&Gas Materials 10 April 2015 16:56 (UTC +04:00)

Baku, Azerbaijan, Apr. 10
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $58.77 per barrel on Apr. 9, or $0.44 per barrel less compared to the price on Apr.8, 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 $57.79 per barrel or $0.43 per barrel less 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 $54.61 per barrel on Apr. 9, or $1.59 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $56.06 per barrel on Apr. 9, or $0.38 per barrel less than the previous price.

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follow the author on Twitter: @MaksimTsurkov

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