Baku, Azerbaijan, Oct. 17
By Maksim Tsurkov – Trend:
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $52.63 per barrel on Oct. 10-14 or $0.85 per barrel more than the previous week.
The maximum price for AZERI LT was $53.76 per barrel and the minimum price was $52.12 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 $48.28 per barrel on Oct. 10-14 or $0.68 per barrel more than the previous week.
The maximum price for Urals totaled $49.44 per barrel and the minimum - $47.79 per barrel on Oct. 10-14.
Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.
The average price for Brent Dated was $50.24 per barrel on Oct. 10-14 or $0.74 per barrel more than the previous week.
The maximum price for Brent was $51.37 per barrel and the minimum - $49.78 during the reporting period.
---
Follow the author on Twitter: @MaksimTsurkov