The price for AZERI LT CIF on 20 September 2005 was $63,90/barrel (decreased for $1,72/barrel as compared to the previous price). The density of Azeri Light is 34,9 degrees by API, the sulphur content is 0,14%.
The price for URAL (EX-NOVO) on 20 September was $58,30/barrel (lowered for $0,41/barrel). The density of the URAL oil is 32 degrees by API, the sulphur content is 1,3%.
The price for Brent (DTD) on 20 September was $62,98/barrel (dropped for $0,93/barrel). The density of the DTD oil is 38,3 degrees by API, the sulphur content is 0,36%.
The quotation of AZERI LT CIF reflects the price of the Azerbaijan’s oil with deliveries to the Mediterranean ports, shipped by stakeholders of the Azerbaijan International Operating Company (AIOC) at the Georgian terminal in Supsa. The quotation of URAL(EX-NOVO) reflects the price of the oil, shipped at the Russian terminal in Novorossiysk.