Azerbaijani oil prices up Aug. 12
Baku, Azerbaijan, Aug. 13
By Azad Hasanli - Trend:
The price of AZERI LT CIF Augusta stood at $51.09 per barrel on August 12 or $0.69 per barrel more compared to the price on Aug.11, the State Oil Company of Azerbaijan told Trend August 13.
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 $50.17 per barrel or $0.69 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 $47.17 per barrel on August 12 or $1.09 per barrel more than the previous price.
The price of Brent Dated, produced from the North Sea, was $48.24 per barrel on August 12, or $0.71 per barrel more than the previous price.