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Prices for Azeri Oil between 22 to 26 October

Oil&Gas Materials 29 October 2007 12:04
Prices for Azeri Oil between 22 to 26 October

Azerbaijan, Baku /corr Trend A. Badalova / On 22 to 26 October AZERI LT FOB Ceyhan oil average price was $85.33 PB. Maximal price was $89.21 PB, minimal - $83.37 PB.

Azeri Light oil is produced from Azeri-Chirag-Gunashli offshore fields, which is developed under BP's operations. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, to the Georgian port of Supsa via the Baku-Supsa pipeline and to the Georgian port of Batumi by railway. The density of Azeri Light is 34.8 degrees by API and its sulphur content is 0.15%.

The average price of URAL (EX-NOVO) was $80 PB. Maximal price was $83.64 PB and minimal - $77.94 PB.

Azerbaijan exports URAL oil from the Novorossiysk port, which is delivered via Baku-Novorossiysk pipeline. The high quality Azerbaijani oil, including Azeri Light, is blended with other oil brands in the Russian pipeline system and is sold from the Novorossiysk Port as URAL. The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%.

The average price of Brent Dated was $84.34 PB. Its maximal price was $87.84 PB and minimal - $82.3 PB.

The density of DTD is 38.3 degrees API and its sulphur content is 0.36%.

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