Azerbaijani oil prices down on Oct.14
Baku, Azerbaijan, Oct.15
By Emil Ismayilov - Trend:
The price of AZERI LT CIF Augusta was $89.63 per barrel on Oct.14, or $1.22 per barrel less compared to the price on Oct.13, according to the State Oil Company of Azerbaijan (SOCAR).
SOCAR has been producing Light Oil since 1997.
The Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields. It is delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, to the Georgian port of Supsa via the Baku-Supsa pipeline.
The AZERI LT FOB Ceyhan oil price was $88.58 per barrel or by $1.28 per barrel less than the price on Oct.13.
Azerbaijan exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.
The price of URALS (EX-NOVO) was $84.43 per barrel or by $1.17 per barrel less than the price of Oct.13.
The price of Brent Dated, produced from the North Sea, was $86.47 per barrel on Oct.14 or $1.37 per barrel less than the price on Oct. 13.