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Azerbaijani oil prices down Aug. 20

Oil&Gas Materials 21 August 2015 14:10 (UTC +04:00)

Baku, Azerbaijan, Aug. 21
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $48.09 per barrel on August 20 or $0.38 per barrel less compared to the price on Aug.19, the State Oil Company of Azerbaijan told Trend August 21.

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 $47.23 per barrel or $0.37 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 $44.11 per barrel on August 20 or $0.39 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $45.74 per barrel on August 20, or $0.39 per barrel less than the previous price.

follow the author on Twitter:@MaksimTsurkov

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