Azerbaijani oil prices increase April 7
Baku, Azerbaijan, Apr.8
By Azad Hasanli - Trend:
The price of AZERI LT CIF Augusta stood at $60.43 per barrel on Apr.7, or $2.52 per barrel more compared to the price on Apr.2, 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 $59.41 per barrel or $3.43 per barrel more 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 $56.18 per barrel on Apr.7, or $3.54 per barrel more than the previous price.
The price of Brent Dated, produced from the North Sea, was $57.56 per barrel on Apr.7, or $3.38 per barrel more than the previous price.
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