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Azeri oil prices beat new record

Oil&Gas Materials 15 July 2006 12:58 (UTC +04:00)

The price for AZERI LT FOB Ceyhan was $75.26/bbl on July 14 (rose $0.82 per barrel as compared to the previous price). The oil is delivered via the Baku-Tbilisi-Ceyhan pipeline, Trendreports.

The price for AZERI LT CIF Augusta was $76.48 per barrel (up $0.80/bbl 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 $71.10 per barrel (up $$0.68per 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 $75.99 per barrel (+ $0.57per barrel). Density of DTD is 38.3 degrees by API, sulphur content is 0.36%.

Export of Azeri Light oil produced at Azeri-ChiragGuneshli via western pipelines started in 1999 from port Supsa, Georgia.

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