PRICES FOR AZERBAIJANвЂ™S OIL GREW
The price for AZERI LT CIF on 13 September was $62,80/barrel (grew for $0,42/barrel as compared to the previous price). Density of Azeri Light is 34,9 degrees by API, sulphur content - 0,14%.
The price for URAL (EX-NOVO) on 13 September was $55,11/barrel (lowered for $0,01/barrel). Density of URAL is 32 degrees by API, sulphur content - 1,3%.
The price for Brent (DTD) on 13 September was $61,10/barrel (grew for $0,49/barrel). Density of the DTD oil is 38,3 degrees by API, sulphur content - 0,36%.
The quotation of AZERI LT CIF reflects the price of the Azerbaijani 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.