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Azerbaijani oil prices drop

Oil&Gas Materials 7 July 2015 13:31 (UTC +04:00)

Baku, Azerbaijan, July 7
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $59.41 per barrel on July 6 or $1.88 per barrel less compared to the price on July 3, the State Oil Company of Azerbaijan told Trend July 7.

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 $58.31 per barrel or $1.85 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 $56.14 per barrel on July 7 or $1.91 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $57.08 per barrel on July 6, or $1.97 per barrel less than the previous price.
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Follow the author on Twitter:@MaksimTsurkov

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