Baku, Azerbaijan, April 2
By Maksim Tsurkov – Trend:
The average price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $67.88 per barrel in March. The figure increased by 25.1 percent compared to the same period last year.
In March 2017, the average price for Azeri Light was $54.26 per barrel.
Furthermore, compared to February 2018, the price for Azeri Light went up by one percent.
Azeri Light oil is produced at the Azeri-Chirag-Gunashli field block, operated by BP. It is exported to the world markets via the Baku-Tbilisi-Ceyhan and Baku-Supsa main oil pipelines.