Baku, Azerbaijan, Aug. 11
By Azad Hasanli - Trend:
The price of AZERI LT CIF Augusta stood at $51.08 per barrel on August 10, the State Oil Company of Azerbaijan told Trend August 11.
The oil price increased August 10 by $0.82 per barrel compared to 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 $50.19 per barrel, which is $0.59 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 $46.9 per barrel on August 10 or $2 per barrel less than the previous price.
The price of Brent Dated, produced from the North Sea, was $48.48 per barrel on August 10, or $0.78 per barrel more than the previous price.