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Azerbaijani oil prices up Aug. 28

Economy Materials 29 August 2015 12:01 (UTC +04:00)
The price of AZERI LT CIF Augusta stood at $50.54 per barrel on August 28 or $3.64 per barrel more compared to the price on Aug.27

Baku, Azerbaijan, Aug. 29
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $50.54 per barrel on August 28 or $3.64 per barrel more compared to the price on Aug.27, the State Oil Company of Azerbaijan told Trend August 29.

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 $49.76 per barrel or $3.64 per barrel more 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 $46.95 per barrel on August 28 or $3.45 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $48.27 per barrel on August 28, or $3.53 per barrel more than the previous price.

Follow the author on Twitter: @MaksimTsurkov

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