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Azeri oil prices rise

Oil&Gas Materials 21 July 2006 12:27 (UTC +04:00)

The price for AZERI LT FOB was $72.30 per barrel on 21 July (rose $0.80 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 $73.52 per barrel (+ $0.83 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 $66.57 per barrel (+ $0.73 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 $72.50 (+ $1.00 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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