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Azerbaijani oil prices rise

Oil&Gas Materials 23 April 2015 13:32 (UTC +04:00)

Baku, Azerbaijan, Apr.23

By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $63.34 per barrel on April 22, or $0.03 per barrel more compared to the price on April 21, the State Oil Company of Azerbaijan told Trend April 23.

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 $62.32 per barrel or $0.03 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 $60.34 per barrel on April 22 or $0.01 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $60.76 per barrel on April 22, or $0.12 per barrel more than the previous price.

Edited by Sİ

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Follow the author on Twitter: @MaksimTsurkov

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