Azerbaijani oil prices down Aug. 18
Baku, Azerbaijan, Aug. 19
By Maksim Tsurkov - Trend:
The price of AZERI LT CIF Augusta hit $49.63 per barrel on August 18 or $0.42 per barrel less compared to the price on Aug.17, the State Oil Company of Azerbaijan told Trend August 19.
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 $48.73 per barrel or $0.41 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 $45.67 per barrel on August 18 or $0.37 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $47.28 per barrel on August 18, or $0.57 per barrel less than the previous price.
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