Baku, Azerbaijan, March 13
By Maksim Tsurkov - Trend:
The price of AZERI LT CIF Augusta stood at $58.87 per barrel on March 12, or $0.08 per barrel less compared to the price on March 11, according to the State Oil Company of Azerbaijan (SOCAR).
Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, and to the Georgian port of Supsa via the Baku-Supsa pipeline.
AZERI LT FOB Ceyhan oil price was $57.74 per barrel or $0.08 per barrel less than the previous price.
Azerbaijan also exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.
The price of URALS (EX-NOVO) was $54.15 per barrel on Mar. 12, or $0.08 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $56.57 per barrel on March 12, or $0.06 per barrel more than the previous price.
Edited by CN
Follow the author on Twitter: @MaksimTsurkov