...

Azerbaijani oil price drops May 27

Oil&Gas Materials 28 May 2015 12:40 (UTC +04:00)

Baku, Azerbaijan, May 28
By Anvar Mammadov - Trend:

The price of AZERI LT CIF Augusta stood at $63.64 per barrel on May 27, or $0.47 per barrel less compared to the price on May 26, the State Oil Company of Azerbaijan told Trend May 28.

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 $62.33 per barrel or $0.43 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 $60.22 per barrel on May 27 or $0.36 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $61.76 per barrel on May 27, or $0.26 per barrel less than the previous price.

follow the author on Twitter: @Anvar_Mammadov

Tags:
Latest

Latest