PRICES FOR AZERBAIJANI OIL CONTINUED LOWERING
The price of AZERI LT CIF on 5 September was $65,51/barrel (lowered for $1,82/barrel as compared to the previous price). The density of Azeri Light is 34,9 degrees by API, sulphur content - 0,14%.
The price of URAL (EX-NOVO) on 5 September was $58,02/barrel (dropped for $1,53/barrel. The density of URAL is 32 degrees by API, sulphur content - 1,3%.
The price for Brent (DTD) on 5 September was $64,31/barrel (lowered for $1,59/barrel). The density of DTD is 38,3 degrees by API, sulphur content - 0,36%.
The quotation of AZERI LT CIF reflects he price of the AzerbaijanвЂ™s oil with deliveries to the Mediterranean ports, shipped by the shareholders of the Azerbaijan International Operating Company (AIOC) at the Georgian terminal in Supsa. The quotation of URAL(EX-NOVO) reflects the price of the oil, shipped at the Russian terminal in Novorossiysk.