Baku, Azerbaijan, June 17
By Anvar Mammadov – Trend:
Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $47.82 per barrel on June 12-16 or $1.18 per barrel less than the previous week.
The highest price of AZERI LT was $49.03 per barrel, while the lowest price was $47.06 per barrel during the reporting period.
Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports - Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway.
Average price of URALS (EX-NOVO), exported from Azerbaijan via the Novorossiysk port, was $45.17 per barrel on June 12-16 or $0.84 per barrel less than the previous week.
The highest price for URALS was $46.25 per barrel and the lowest price was $44.51 per barrel on June 12-16.
Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.
Average price of Brent Dated was $46.34 per barrel on June 12-16 or $1.08 per barrel less than the previous week.
The highest price for Brent was $47.43 per barrel and the lowest price was $45.62 during the period.
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