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Azerbaijani oil prices change

Oil&Gas Materials 1 May 2015 16:01 (UTC +04:00)

Baku, Azerbaijan, May 1

By Anvar Mammadov - Trend:

The price of AZERI LT CIF Augusta stood at $66.87 per barrel on April 30, or $0.33 per barrel more compared to the price on April 29, the State Oil Company of Azerbaijan told Trend May 1.

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 $65.84 per barrel or $0.34 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 $63.47 per barrel on April 30 or $0.17 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $64.42 per barrel on April 30, or $10.37 per barrel more than the previous price.

Edited by SI

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Follow the author on Twitter: @Anvar_Mammadov

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