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Azeri oil prices rise

Oil&Gas Materials 21 June 2006 12:38 (UTC +04:00)

The price for AZERI LT FOB was $66.24 per barrel on 20 June (rose $1.03 per barrel as compared to the previous price). The oil is delivered via the Baku-Tbilisi-Ceyhan pipeline, Trend reports.

The price for AZERI LT CIF Augusta was $67.348 per barrel (+ $1.16 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 $61.78 per barrel (+ $0.96 per barrel). Density of URAL is 30.4-31.85 degrees by API, sulphur content is up to 1.8%.

The price for Brent (DTD) was $67.62 ( + $1.425 per barrel) per barrel. Density of DTD is 38.3 degrees by API, sulphur content is 0.36%.

Traders involved in the European oil transportation markets told Trend the rates of freight cargo on WS scale was as follows:

Direction

Type

In ths tons

21.06.2006

May 2006

April 2006

Novorossiysk Augusta

Oil/black oil products

135

125

149.1

117.2

Novorossiysk Augusta

Oil/black oil products

80

165

181.2

157.7

Black Sea Augusta

Augusta

Oil/black oil products

30

255

243.8

240.6

Novorossiysk Augusta

Light oil products

30

270

223.8

246.9

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