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Review of Azerbaijani Oil Prices from 31 March – 4 April

Oil&Gas Materials 7 April 2008 14:14 (UTC +04:00)
Review of Azerbaijani Oil Prices from 31 March – 4 April

Azerbaijan, Baku, 7 April / corr Trend A.Badalova / From 31 March - 4 April, the average price of AZERI LT CIF Augusta which Azerbaijan exports via the ports of Supsa and Batumi was $104.24 per barrel, according to the State Oil Company of Azerbaijan (SOCAR). The maximum price was $106.2 per barrel and the minimum - $101.99 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 $95.27 per barrel. The maximum price was $97.58 per barrel and the minimum - $92.73.

The density of URAL is 32 degrees by API and its sulphur content is up to 1.3%, however the sale specification of this oil brand differs at different times depending upon the domination of more (or less) qualitative oil in its composition.

The average price of Brent Dated was $101.2 a barrel. Its maximum price was $102.69 per barrel and the minimum - $99.12.

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

The correspondent can be contacted at [email protected]

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