...

Azerbaijani oil prices drop

Oil&Gas Materials 5 June 2015 15:06 (UTC +04:00)

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

---

Follow the author on Twitter: @MaksimTsurkov

Tags:
Latest

Latest