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Azerbaijani oil prices rise

Oil&Gas Materials 30 April 2015 14:43 (UTC +04:00)

Baku, Azerbaijan, Apr.30

By Azad Hasanli - Trend:

The price of AZERI LT CIF Augusta stood at $66.54 per barrel on April 29, or $1.23 per barrel more compared to the price on April 28, the State Oil Company of Azerbaijan told Trend April 30.

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 $65.5 per barrel or $1.22 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 $63.64 per barrel on April 29 or $1.2 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $64.05 per barrel on April 29, or $1.25 per barrel more than the previous price.

Edited by SI

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Follow the author on Twitter: @AzadHasanli

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