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Review of Azerbaijani Oil Prices from 25-29 February

Oil&Gas Materials 3 March 2008 16:00 (UTC +04:00)

Azerbaijan, Baku, 3 March / Trend corr. A. Badalova / On 25-29 February, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $100.99 per barrel or $2.33 per barrel up from the previous price, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $102.64 per barrel, minimum - $99.66 per barrel.

The density of Azeri Light is 34.6 degrees by API and its sulphur content is 0.14%.

The average price of URAL (EX-NOVO) which Azerbaijan exports to Novorossiysk port was $93.93 per barrel or $2.46 per barrel up from the previous price. The maximum price was $95.12 per barrel and the minimum - $92.6.

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 $99.16 a barrel, which is 2.38% up from the previous price. Its maximum price was $100.99 per barrel and the minimum - $97.44.

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

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