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Azerbaijani oil price ups Oct. 5

Oil&Gas Materials 6 October 2015 16:37 (UTC +04:00)

Baku, Azerbaijan, Oct. 6
By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $52.02 per barrel on Oct. 5 or $2.89 per barrel more compared to the price on Oct. 2, the State Oil Company of Azerbaijan told Trend Oct. 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 $51.2 per barrel or $2.89 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 $47.08 per barrel on Oct. 5 or $2.89 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $49.32 per barrel on Oct. 5, or $2.81 per barrel more than the previous price.

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follow the author on Twitter: @MaksimTsurkov

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