Azerbaijani oil prices drop
Baku, Azerbaijan, June 5
By Maksim Tsurkov - Trend:
The price of AZERI LT CIF Augusta stood at $62.65 per barrel on June 4, or $2.21 per barrel less compared to the price on June 3, the State Oil Company of Azerbaijan told Trend June 5.
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 $61.41 per barrel or $2.23 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 $59.68 per barrel on June 4 or $2.42 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $60.36 per barrel on June 4, or $2.17 per barrel less than the previous price.
Edited by SI
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