Baku, Azerbaijan, July 25
By Maksim Tsurkov – Trend:
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $47.98 per barrel on July 18-22 or $0.26 per barrel less than the previous week.
The maximum price for AZERI LT was $48.48 per barrel and the minimum price was $46.67 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 $43.71 per barrel on July 18-22 or $0.04 per barrel less than the previous week.
The maximum price for Urals totaled $44.35 per barrel and the minimum - $42.46 per barrel on July 18-22.
Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.
The average price for Brent Dated was $45.43 per barrel on July 18-22 or $0.55 per barrel less than the previous week.
The maximum price for Brent was $45.98 per barrel and the minimum - $44.14 during the reporting period.
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