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Azerbaijani oil prices down Aug. 21

Economy Materials 22 August 2015 13:22 (UTC +04:00)

Baku, Azerbaijan, Aug. 22
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $46.23 per barrel on August 21 or $1.86 per barrel less compared to the price on Aug.20, the State Oil Company of Azerbaijan told Trend August 22.

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 $45.41 per barrel or $1.82 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 $42.54 per barrel on August 21 or $1.57 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $44.06 per barrel on August 21, or $1.68 per barrel less than the previous price.

Follow the author on Twitter:@MaksimTsurkov

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