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Azerbaijani oil prices for Oct. 3-7

Oil&Gas Materials 8 October 2016 14:43 (UTC +04:00)
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $51.78 per barrel on Oct. 3-7 or $3.5 per barrel more than the previous week.
Azerbaijani oil prices for Oct. 3-7

Baku, Azerbaijan, Oct. 8

By Maksim Tsurkov – Trend:

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $51.78 per barrel on Oct. 3-7 or $3.5 per barrel more than the previous week.

The maximum price for AZERI LT was $52.69 per barrel and the minimum price was $50.34 per barrel during the reporting period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports - Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia - via the Baku-Supsa pipeline and railway.

The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $47.6 per barrel on Oct. 3-7 or $4.03 per barrel more than the previous week.

The maximum price for Urals totaled $48.43 per barrel and the minimum - $46.04 per barrel on Oct. 3-7.

Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.

The average price for Brent Dated was $49.5 per barrel on Oct. 3-7 or $2.86 per barrel more than the previous week.

The maximum price for Brent was $50.3 per barrel and the minimum - $48.17 during the reporting period.

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Follow the author on Twitter: @MaksimTsurkov

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