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Azerbaijani oil prices for Jan. 16-20

Oil&Gas Materials 21 January 2017 17:40 (UTC +04:00)
Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $55.74 per barrel on Jan. 16-20 or $0.07 per barrel more than the previous week.
Azerbaijani oil prices for Jan. 16-20

Baku, Azerbaijan, Jan. 21

By Maksim Tsurkov – Trend:

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $55.74 per barrel on Jan. 16-20 or $0.07 per barrel more than the previous week.

The highest price of AZERI LT was $56.29 per barrel, while the lowest price was $54.79 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 $52.08 per barrel on Jan. 16-20 or $0.57 per barrel more than the previous week.

The highest price for URALS was $52.65 per barrel and the lowest price was $51.17 per barrel on Jan. 16-20.

Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.

Average price of Brent Dated was $54.27 per barrel on Jan. 16-20 or $0.14 per barrel more than the previous week.

The highest price for Brent was $54.77 per barrel and the lowest price was $53.31 during the reporting period.

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Follow the author on Twitter: @MaksimTsurkov

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