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Azerbaijani oil prices for Sept.5-9

Oil&Gas Materials 10 September 2016 13:47 (UTC +04:00)
The average price for AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $48.66 per barrel on Sept. 5-9, or $0.96 per barrel more than in the previous week.
Azerbaijani oil prices for Sept.5-9

Baku, Azerbaijan, Sept.10

By Maksim Tsurkov – Trend:

The average price for AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $48.66 per barrel on Sept. 5-9, or $0.96 per barrel more than in the previous week.

The highest price for AZERI LT was $50.51 per barrel and the lowest price was $47.37 per barrel during the mentioned period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports of Batumi and Supsa. Oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and a railway.

The average price for URALS (EX-NOVO), exported from Azerbaijan via the Novorossiysk port, was $44.46 per barrel on Sept. 5-9, or $0.79 per barrel more than the previous week.

The highest price for URALS totalled $46.34 per barrel, the lowest price being $43.31 per barrel on Sept. 5-9.

The average price for Brent Dated was $47.48 per barrel on Sept. 5-9, or $1.31 per barrel more than the previous week.

The highest price for Brent Dated was $49.32 per barrel, the lowest price being $46.21 during the period.

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Follow the author on Twitter: @MaksimTsurkov

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