Baku, Azerbaijan, Aug. 12
By Azad Hasanli - Trend:
The price of AZERI LT CIF Augusta stood at $50.4 per barrel on August 11 or $0.68 per barrel less compared to the price on Aug.10, the State Oil Company of Azerbaijan told Trend August 12.
Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, and to the Georgian port of Supsa via the Baku-Supsa pipeline.
AZERI LT FOB Ceyhan oil price was $49.48 per barrel or $0.71 per barrel less than the previous price.
Azerbaijan also exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.
The price of URALS (EX-NOVO) was $46.08 per barrel on August 11 or $0.82 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $47.53 per barrel on August 11, or $0.95 per barrel less than the previous price.