Baku, Azerbaijan, Dec. 26
By Anvar Mammadov – Trend:
Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $56.27 per barrel on Dec. 19-23 or $0.17 per barrel more than the previous week.
The highest price of AZERI LT was $57.14 per barrel, while the lowest price was $55.42 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.
Average price of URALS (EX-NOVO), exported from Azerbaijan via the Novorossiysk port, was $51.34 per barrel on Dec. 19-23 or $0.07 per barrel more than the previous week.
The highest price for URALS was $52.24 per barrel and the lowest price was $50.72 per barrel on Dec. 19-23.
Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.
Average price of Brent Dated was $54.23 per barrel on Dec. 19-23 or $0.6 per barrel more than the previous week.
The highest price for Brent was $55.06 per barrel and the lowest price was $53.64 during the reporting period.