Azerbaijani oil prices drop
Baku, Azerbaijan, July 17
By Anvar Mammadov - Trend:
The price of AZERI LT CIF Augusta stood at $59.79 per barrel on July 16 or $0.28 per barrel less compared to the price on July 15, the State Oil Company of Azerbaijan told Trend July 17.
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 $58.90 per barrel or $0.29 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 $55.43 per barrel on July 16 or $0.32 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $57.36 per barrel on July 16, or $0.23 per barrel less than the previous price.
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