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Azerbaijani oil prices up July 1

Oil&Gas Materials 2 July 2015 12:18 (UTC +04:00)

Baku, Azerbaijan, July 2
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $63.73 per barrel on July 1, or $0.07 per barrel more compared to the price on June 30, the State Oil Company of Azerbaijan told Trend July 2.

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 $62.49 per barrel or $0.12 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 $60.62 per barrel on July 1 or $0.15 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $61.67 per barrel on July 1, or $0.62 per barrel more than the previous price.

Follow the author on Twitter: @MaksimTsurkov

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