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Azerbaijani oil prices for Feb. 29-March 4

Economy Materials 7 March 2016 10:48 (UTC +04:00)
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $37.43 per barrel on Feb. 29-March 4 or $2.58 per barrel more than the previous week
Azerbaijani oil prices for Feb. 29-March 4

Baku, Azerbaijan, March 7

By Maksim Tsurkov - Trend:

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $37.43 per barrel on Feb. 29-March 4 or $2.58 per barrel more than the previous week.

The maximum price for AZERI LT was $38.55 per barrel and the minimum price was $36.78 per barrel during the reporting period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports - Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia - via the Baku-Supsa pipeline and railway.

The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $33.17 per barrel on Feb. 29-March 4 or $2.17 per barrel more than the previous week.

The maximum price for Urals totaled $34.44 per barrel and the minimum - $32.48 per barrel on Feb. 29-March 4.

Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.

The average price for Brent Dated was $36.18 per barrel on Feb. 29-March 4 or $2.47 per barrel more than the previous week.

The maximum price for Brent was $37.27 per barrel and the minimum - $35.56 during the reporting period.

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