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Azerbaijani oil prices increase June 9

Oil&Gas Materials 10 June 2015 16:56 (UTC +04:00)

Baku, Azerbaijan, June 10
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $65.26 per barrel on June 9, or $1.83 per barrel more compared to the price on June 8, the State Oil Company of Azerbaijan told Trend June 10.

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 $64 per barrel or $1.81 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 $62.24 per barrel on June 9 or $1.69 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $63.33 per barrel on June 9, or $2.17 per barrel more than the previous price.

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Follow the author on Twitter: @MaksimTsurkov

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