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Azerbaijani oil price ups Oct. 7

Oil&Gas Materials 8 October 2015 17:09 (UTC +04:00)

Baku, Azerbaijan, Oct. 8

By Maksim Tsurkov - Trend:

The price of AZERI LT CIF Augusta stood at $54.18 per barrel on Oct. 7 or $0.19 per barrel more compared to the price on Oct. 6, the State Oil Company of Azerbaijan told Trend Oct. 8.

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 $53.16 per barrel or $0.04 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 $48.97 per barrel on Oct. 7 or $0.1 per barrel more than the previous price.

The price of Brent Dated, produced from the North Sea, was $51.45 per barrel on Oct. 7, or $0.21 per barrel more than the previous price.

follow the author on Twitter: @MaksimTsurkov

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