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Azeri oil market: results of week

Politics Materials 24 July 2006 13:20 (UTC +04:00)

From 17through 2 July AZERI LT average price, sold by Azerbaijan in Supsa and Novorossiysk port, was $7434per barrel or $0.01 per barrel up as compared to the previous week, Trend reports. In this period maximal price of AZERI LT was $75.90 per barrel, minimal - $72.69 per barrel

Last week price of URAL (EX-NOVO), marketed at the Novorossiysk port, was $67.76 per barrel, or $1.19 per barrel more than the average price of the previous week. URAL (EX-NOVO) maximal price comprised $69.59 per barrel, minimal one - $65.84 per barrel.

Brent average price (DTD) was $73.36 per barrel ($0.66 less as compared to previous week). Brent maximal price comprised $75.08 per barrel, minimal price of Brent was $71.50 per barrel.

In August BTC Co pipeline company will ship approximately 1.18 million tons of light oil. 135,000 tons of the total will fall on the SOCAR. In August 12 tanker batches of Azeri Light will unloaded in Ceyhan: 8 parties with 600,000 barrels each, 4 parties with 1 million barrel each. In July 6.6 million barrels of oil will be exported from Ceyhan. The shipment will be carried on 9 positions.

The density of Azeri Light is 34.6 degrees by API, sulphur content 0.14%. The density of oil URAL is 32 degrees by API, sulphur content - 1.3%. The density of oil DTD is 38.3 degrees by API, sulphur content - 0.36%. The density of URAL is 32 degrees by API, the sulphur content 1.3%. The density of DTD oil is 38.3 degrees by API, the sulphur content 0.36%.

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