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Azerbaijani oil prices for Feb. 26-March 2

Oil&Gas Materials 3 March 2018 15:51 (UTC +04:00)

Baku, Azerbaijan, March 3

By Ilkin Shafiyev – Trend:

Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $66.71 per barrel on Feb. 26-March 2 or $0.36 per barrel less than the previous week.

The highest price of AZERI LT was $68.87 per barrel, while the lowest price was $64.98 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 $61.97 per barrel on Feb. 26-March 2 or $1.01 per barrel less than the previous week.

The highest price for URALS was $64.04 per barrel and the lowest price was $60.25 per barrel on Feb. 26-March 2.

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

Average price of Brent Dated was $65.76 per barrel on Feb. 26-March 2 or $0.28 per barrel more than the previous week.

The highest price for Brent was $67.64 per barrel and the lowest price was $64.06 during the reporting period.

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