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Azerbaijani oil prices up June 18

Oil&Gas Materials 19 June 2015 11:27 (UTC +04:00)

Baku, Azerbaijan, June 19
By Anvar Mammadov - Trend:

The price of AZERI LT CIF Augusta stood at $64.57 per barrel on June 18, or $0.59 per barrel more compared to the price on June 17, the State Oil Company of Azerbaijan told Trend June 19.

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 $63.18 per barrel or $0.55 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 $61.39 per barrel on June 18 or $0.63 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $61.96 per barrel on June 18, or $0.61 per barrel more than the previous price.

Follow the author on Twitter: @Anvar_Mammadov

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