Baku, Azerbaijan, May 27
By Maksim Tsurkov – Trend:
Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $54.22 per barrel on May 22-26 or $0.88 per barrel more than the previous week.
The highest price of AZERI LT was $54.97 per barrel, while the lowest price was $52.71 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 $50.54 per barrel on May 22-26 or $0.76 per barrel more than the previous week.
The highest price for URALS was $51.24 per barrel and the lowest price was $48.91 per barrel on May 22-26.
Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.
Average price of Brent Dated was $52.82 per barrel on May 22-26 or $1.07 per barrel more than the previous week.
The highest price for Brent was $53.53 per barrel and the lowest price was $51.21 during the period.
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