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Azeri oil prices sharply go down

Oil&Gas Materials 20 July 2006 13:04 (UTC +04:00)

The price for AZERI LT FOB was $71.50 per barrel on 19 July (fell $3.21 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 $72.69 per barrel (- $3.21 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 $65.84 per barrel (- $3.75 per barrel). Density of URAL is 30.4-31.85 degrees by API, sulphur content is up to 1.8%.

The price for DTD was $71.50 (- $3.26 per barrel) per barrel. Density of DTD is 38.3 degrees by API, sulphur content is 0.36%.

Export of Azeri Light oil produced from Azeri-Chirag-Gunashli fields, to world markets

via the western route started in 1999 from the Georgian port of Supsa.

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