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Azerbaijani oil prices for Oct. 17-21

Oil&Gas Materials 22 October 2016 15:51 (UTC +04:00)
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $52.61 per barrel on Oct. 17-21 or $0.02 per barrel less than the previous week
Azerbaijani oil prices for Oct. 17-21

Baku, Azerbaijan, Oct. 22

By Maksim Tsurkov – Trend:

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $52.61 per barrel on Oct. 17-21 or $0.02 per barrel less than the previous week.

The maximum price for AZERI LT was $53.82 per barrel and the minimum price was $52.06 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 $48.17 per barrel on Oct. 17-21 or $0.11 per barrel less than the previous week.

The maximum price for Urals totaled $49.28 per barrel and the minimum - $47.63 per barrel on Oct. 17-21.

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

The average price for Brent Dated was $50.4 per barrel on Oct. 17-21 or $0.16 per barrel more than the previous week.

The maximum price for Brent was $51.62 per barrel and the minimum - $49.99 during the reporting period.

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Follow the author on Twitter: @MaksimTsurkov

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