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Azerbaijani oil prices up Aug. 5

Oil&Gas Materials 6 August 2015 15:47 (UTC +04:00)
The price of AZERI LT CIF Augusta was $51.7 per barrel on August 5 or $0.46 per barrel more compared to the price on August 4.

Baku, Azerbaijan, Aug. 6

By Azad Hasanli - Trend:

The price of AZERI LT CIF Augusta was $51.7 per barrel on August 5 or $0.46 per barrel more compared to the price on August 4, the State Oil Company of Azerbaijan (SOCAR) told Trend August 6.

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 $50.75 per barrel or $0.47 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 $47.44 per barrel on August 5 or $0.42 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $49.32 per barrel on August 5, or $0.46 per barrel more than the previous price.

Edited by CN

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Follow the author on Twitter: @AzadHasanli

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