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Azeri oil prices rise

Oil&Gas Materials 24 February 2006 12:21 (UTC +04:00)

The price for AZERI LT CIF on 23 February was $60,67 per barrel (grew $0,07 per barrel against the previous price). Density of Azeri Light is 34,6 degrees by API, sulphur content is 0,14%.

The price for URAL (EX-NOVO) was $54.42 per barrel (+ $1.42 per barrel against the previous price). Density of URAL is 30,4-31,85 degrees by API, sulphur content is up to 1,8%, Trend reports.

The price of Brent (DTD) was $58,84 per barrel (+ $1,69/barrel against the previous price). Density of DTD is 38,3 degrees by API, sulphur content is 0,36%.

The quotation of AZERI LT CIF reflects the price of the Azerbaijan oil being delivered to the Mediterranean ports and 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 being shipped at the Russian terminal in Novorossiysk.

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