Azerbaijani oil prices continue increasing
Baku, Azerbaijan, April 16
By Maksim Tsurkov - Trend:
The price of AZERI LT CIF Augusta stood at $63.25 per barrel on April 16, or $1.45 per barrel more compared to the price on April 15, the State Oil Company of Azerbaijan (SOCAR) told Trend April 16.
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 $62.22 per barrel or $1.45 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 $60.57 per barrel on April 16 or $3.13 per barrel more than the previous price.
The price of Brent Dated, produced from the North Sea, was $60.46 per barrel on April 16, or $1.6 per barrel more than the previous price.
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