Baku, Azerbaijan, July 29
By Huseyn Valiyev – Trend:
Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $51.77 per barrel on July 24-28 or $2.02 per barrel more than the previous week.
The highest price of AZERI LT was $53.67 per barrel, while the lowest price was $49.77 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 $48.75 per barrel on July 24-28 or $0.43 per barrel less than the previous week.
The highest price for URALS was $50.64 per barrel and the lowest price was $46.7 per barrel on July 24-28.
Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.
Average price of Brent Dated was $49.97 per barrel on July 24-28 or $1.83 per barrel more than the previous week.
The highest price for Brent was $51.705 per barrel and the lowest price was $47.97 during the reporting period.