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Azerbaijani oil prices for Jan. 23-27

Oil&Gas Materials 28 January 2017 17:45 (UTC +04:00)
Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $56.22 per barrel on Jan. 23-27 or $0.48 per barrel more than the previous week.
Azerbaijani oil prices for Jan. 23-27

Baku, Azerbaijan, Jan. 28

By Maksim Tsurkov – Trend:

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $56.22 per barrel on Jan. 23-27 or $0.48 per barrel more than the previous week.

The highest price of AZERI LT was $56.91 per barrel, while the lowest price was $55.81 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 $52.84 per barrel on Jan. 23-27 or $0.76 per barrel more than the previous week.

The highest price for URALS was $53.62 per barrel and the lowest price was $52.58 per barrel on Jan. 23-27.

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

Average price of Brent Dated was $55.1 per barrel on Jan. 23-27 or $0.83 per barrel more than the previous week.

The highest price for Brent was $55.89 per barrel and the lowest price was $54.83 during the reporting period.

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Follow the author on Twitter: @MaksimTsurkov

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