Baku, Azerbaijan, Nov. 6
By Anvar Mammadov – Trend:
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $47.05 per barrel on Oct. 31-Nov. 4 or $4.59 per barrel less than the previous week.
The maximum price for AZERI LT was $48.85 per barrel and the minimum price was $45.37 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 $43.2 per barrel on Oct. 31-Nov. 4 or $4.2 per barrel less than the previous week.
The maximum price for Urals totaled $45.01 per barrel and the minimum - $41.44 per barrel on Oct. 31-Nov. 4.
Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.
The average price for Brent Dated was $44.76 per barrel on Oct. 31-Nov. 4 or $4.35 per barrel less than the previous week.
The maximum price for Brent was $46.62 per barrel and the minimum - $43.11 during the reporting period.