Baku, Azerbaijan, Aug. 5
By Anvar Mammadov - Trend:
The price of AZERI LT CIF Augusta stood at $51.24 per barrel on August 4, the State Oil Company of Azerbaijan told Trend August 5.
The oil price remained unchanged August 4 compared to August 3.
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 $50.28 per barrel.
Azerbaijan also exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.
The price of URALS (EX-NOVO) was $47.02 per barrel on August 4 or $0.07 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $48.86 per barrel on August 4, or $0.29 per barrel less than the previous price.
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