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Azerbaijani oil prices down June 19

Oil&Gas Materials 22 June 2015 12:51 (UTC +04:00)

Baku, Azerbaijan, June 22
By Anvar Mammadov - Trend:

The price of AZERI LT CIF Augusta stood at $63.08 per barrel on June 19, or $1.49 per barrel less compared to the price on June 18, the State Oil Company of Azerbaijan told Trend June 22.

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 $61.62 per barrel or $1.56 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 $59.61 per barrel on June 19 or $1.78 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $60.47 per barrel on June 19, or $1.49 per barrel less than the previous price.

Follow the author on Twitter: @Anvar_Mammadov

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