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Azerbaijani oil prices down July 27

Oil&Gas Materials 28 July 2015 13:08 (UTC +04:00)

Baku, Azerbaijan, July 28
By Azad Hasanli - Trend:

The price of AZERI LT CIF Augusta stood at $55.52 per barrel on July 27 or $0.57 per barrel less compared to the price on July 24, the State Oil Company of Azerbaijan told Trend July 28.

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 $54.52 per barrel or $0.58 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 $50.92 per barrel on July 27 or $0.61 per barrel less than the previous price.

The price of Brent Dated, produced from the North Sea, was $54.13 per barrel on July 27, or $0.45 per barrel less than the previous price.

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