Azerbaijani oil prices drop
Baku, Azerbaijan, Aug. 7
By Anvar Mammadov - Trend:
The price of AZERI LT CIF Augusta was $50.32 per barrel on August 6 or $1.38 per barrel less compared to the price on August 5, the State Oil Company of Azerbaijan (SOCAR) told Trend August 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 $49.38 per barrel or $1.37 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 $46.08 per barrel on August 6 or $1.36 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $47.83 per barrel on August 6, or $1.49 per barrel less than the previous price.
Edited by CN
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