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Azerbaijani oil prices down July 23

Oil&Gas Materials 24 July 2015 11:34 (UTC +04:00)

Baku, Azerbaijan, July 24
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $57.71 per barrel on July 23 or $0.97 per barrel less compared to the price on July 22, the State Oil Company of Azerbaijan told Trend July 24.

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 $56.70 per barrel or $0.96 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 $53.39 per barrel on July 23 or $0.78 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $55.97 per barrel on July 23, or $0.58 per barrel less than the previous price.

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Follow the author on Twitter: @MaksimTsurkov

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