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Azerbaijani oil prices change June 17

Oil&Gas Materials 18 June 2015 13:58 (UTC +04:00)

Baku, Azerbaijan, June 17
By Azad Hasanli - Trend:

The price of AZERI LT CIF Augusta stood at $63.98 per barrel on June 17, or $1.36 per barrel more compared to the price on June 16, the State Oil Company of Azerbaijan told Trend June 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 $62.63 per barrel or $1.26 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 $60.76 per barrel on June 17 or $0.07 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $61.35 per barrel on June 17, or $0.12 per barrel less than the previous price.

Follow the author on Twitter: @AzadHasanli

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