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Azerbaijani oil prices for Dec. 5-9

Oil&Gas Materials 10 December 2016 17:44 (UTC +04:00)
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $54.93 per barrel on Dec. 5-9 or $2.91 per barrel more than the previous week.
Azerbaijani oil prices for Dec. 5-9

Baku, Azerbaijan, Dec. 10

By Maksim Tsurkov – Trend:

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $54.93 per barrel on Dec. 5-9 or $2.91 per barrel more than the previous week.

The maximum price for AZERI LT was $55.95 per barrel and the minimum price was $54.43 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 $50.19 per barrel on Dec. 5-9 or $3.16 per barrel more than the previous week.

The maximum price for Urals totaled $51.5 per barrel and the minimum - $49.57 per barrel on Dec. 5-9.

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

The average price for Brent Dated was $52.43 per barrel on Dec. 5-9 or $2.95 per barrel more than the previous week.

The maximum price for Brent was $53.45 per barrel and the minimum - $51.91 during the reporting period.

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Follow the author on Twitter: @MaksimTsurkov

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