Azerbaijani oil prices drop
Baku, Azerbaijan, June 4
By Anvar Mammadov - Trend:
The price of AZERI LT CIF Augusta stood at $64.86 per barrel on June 3, or $1.04 per barrel less compared to the price on June 2, the State Oil Company of Azerbaijan told Trend June 4.
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 $63.64 per barrel or $1.03 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 $62.10 per barrel on June 3 or $0.96 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $62.53 per barrel on June 3, or $1.02 per barrel less than the previous price.
Edited by CN
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