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Azerbaijani oil prices rise again

Oil&Gas Materials 18 April 2015 15:08 (UTC +04:00)

Baku, Azerbaijan, Apr.18
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $64.61 per barrel on April 17, or $1.36 per barrel more compared to the price on April 16, the State Oil Company of Azerbaijan told Trend April 18.

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 $63.59 per barrel or $1.37 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 $61.24 per barrel on April 17 or $0.67 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $61.78 per barrel on April 17, or $1.32 per barrel more than the previous price.

Azerbaijani oil prices have started rising since the beginning of this week.
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Follow the author on Twitter: @MaksimTsurkov

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