Baku, Azerbaijan, Nov. 12
By Anvar Mammadov – Trend:
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $45.7 per barrel on Nov. 7-11 or $1.35 per barrel less than the previous week.
The maximum price for AZERI LT was $46.16 per barrel and the minimum price was $44.78 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 $41.57 per barrel on Nov. 7-11 or $1.63 per barrel less than the previous week.
The maximum price for Urals totaled $42.08 per barrel and the minimum - $40.37 per barrel on Nov. 7-11.
Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.
The average price for Brent Dated was $43.39 per barrel on Nov. 7-11 or $1.37 per barrel less than the previous week.
The maximum price for Brent was $43.85 per barrel and the minimum - $42.46 during the reporting period.