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Azerbaijani oil prices down Aug. 14

Oil&Gas Materials 15 August 2015 11:54 (UTC +04:00)

Baku, Azerbaijan, Aug. 15
By Azad Hasanli - Trend:

The price of AZERI LT CIF Augusta stood at $50.31 per barrel on August 14 or $0.31 per barrel less compared to the price on Aug.13, the State Oil Company of Azerbaijan told Trend August 15.

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 $49.4 per barrel or $0.3 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 $46.39 per barrel on August 14 or $0.39 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $47.79 per barrel on August 14, or $0.23 per barrel less than the previous price.

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