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Azerbaijani oil prices for Dec. 26-30

Oil&Gas Materials 4 January 2017 14:56 (UTC +04:00)

Baku, Azerbaijan, Jan. 4

By Anvar Mammadov – Trend:

The average price for AZERI LT CIF, extracted from the block of Azeri-Chirag-Guneshli firlds, was $56.82 per barrel on Dec. 26-30 or $0.55 per barrel more than the previous week.

The highest price of AZERI LT was $57.11 per barrel, while the lowest price was $56.52 per barrel during the reporting period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports of Batumi and Supsa. The oil is supplied to Ceyhan via the Baku-Tbilisi-Ceyhan pipeline and to Georgia via the Baku-Supsa pipeline, as well as by rail.

Average price of URALS (EX-NOVO), that Azerbaijan exports via the Novorossiysk port, was $52.21per barrel on Dec. 26-30 or $0.87 per barrel more than the previous price.

The highest price for URALS was $52.34 per barrel and the lowest price was $52.05 per barrel during the reporting period.

Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.

Average price of Brent Dated was $55.21 per barrel on Dec. 26-30 or $0.98 per barrel more than in the previous week.

The highest price for Brent was $55.41 per barrel and the lowest price was $54.94 during the reporting period.

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