Increase in Azeri Oil Prices

Azerbaijan, Baku /corr Trend V.Sharifov / On 31 July AZERI LT FOB Ceyhan oil price was $77.07 per barrel, or $1.18 per barrel up than the previous price fixed on 30 July.

AZERI LT CIF Augusta price was $77.74 per barrel, or $0.98 per barrel more than the previous price.

Azeri Light oil is produced from Azeri-Chirag-Gunashli offshore fields, which is developed under BP's operations. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, to the Georgian port of Supsa via the Baku-Supsa pipeline and to the Georgian port of Batumi by railway. The density of Azeri Light is 34.8 degrees by API and its sulphur content is 0.15%.

The price of URAL (EX-NOVO) was $73.86 per barrel, or $1.59 per barrel up as compared to previous price.

Azerbaijan exports URAL oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline. The high quality Azerbaijani oil, including Azeri Light, is blended with other oil brands in the Russian pipeline system and is sold from the Novorossiysk Port as URAL. The density of URAL is 30.4-31.85 degrees by API and its sulphur content is up to 1.8%.

On 31 July the price of Brent Dated was $77.08 per barrel, $0.89 per barrel more as compared to previous

price.

Density of DTD is 38.3 degrees API and has sulphur content of 0.36%.

Federal Ministry: Germany seeks to further expand its relations with Azerbaijan
Federal Ministry: Germany seeks to further expand its relations with Azerbaijan
No progress in latest round of EU-Brexit talks
No progress in latest round of EU-Brexit talks
LVMH backs down on renegotiating Tiffany deal
LVMH backs down on renegotiating Tiffany deal
Loading Bars
Latest
Azerbaijan Wine Producers & Exporters Association eyes new markets for export
Kazakhstan's Shymkent to oversee implementation of various agro-industrial projects
Azerbaijan’s Technol plant talks about production plans
Georgia begins construction of Namakhvani HPP cascade
Azerbaijan’s Elektrogas company testing latest models of heating equipment
Industrial parks to appear in Kazakhstan's Almaty
Agrarian Credit & Development Agency talks subsidies issued to Azerbaijani farmers
Turkmenistan develops packers to increase oil field productivity
Construction of Georgian Kutaisi bypass road nearing completion
Embassy: Romania, Georgia enjoy excellent relations
More than half of financial irregularities in Azerbaijan fall on accounting and reporting
Wind power plant construction underway in Kazakhstan's Zhambyl
Azerbaijan extends project on supporting women's entrepreneurship
Polish company installing new systems at Kutaisi int'l airport in Georgia
Azerbaijan eyes exporting textile products to Russia, Arab countries
One more professional participant registered in Azerbaijan's insurance market
Uzbek United Processing Center to improve e-business environment in country
Georgia, Poland discuss resumption of air traffic
Federal Ministry: Germany seeks to further expand its relations with Azerbaijan
Azerbaijani association talks planned volume of hazelnut export
Users of fixed internet doubles in Georgia
Global Environment Facility supports environmental project of Uzbekistan
Azerbaijan detects 338 new COVID-19 cases
WeWork Global to invest $100 million in India business
Azerbaijani Tax Service comments on changes to Tax Code
TAP project’s schedule remains unchanged
Canada gains surprise 289,600 jobs in May, jobless rate hits record
Georgia to open skies to international flights
Turkmenistans Turkmenstandartlary extends tender to buy lab equipment
144 Azerbaijani citizens return from Ankara to Baku via Azerbaijan Airlines' flight (PHOTO)
Turkmenistan's Kaakhkinsky district expands areas for vegetable, fruit crops
Solar plant capacity to be increased in Kazakhstan's Karaganda
Kazakh FlyArystan suspends flights to regional center of West Kazakhstan
Uzbekistan sells state shares in wine cluster of Samarkand region
Georgia discloses amount of funds spent on quarantine space
Uzbekistan may lock co-op with Israeli geotechnical engineering company
Review of microfinance organizations' ratings in Georgia
Azerbaijan’s AccessBank ended 2019 with profit
Germany strengthens cooperation with Uzbekistan
Volume of fuel oil shipment via Turkish ports from Jan. through Apr. 2020 announced
Azerbaijani AccessBank’s liabilities decrease
Uzbekistan to upgrade infrastructure of Fergana region's district
Volume of Turkish mining industry products export declines
Azerbaijan's ministry talks postal services work during quarantine
No progress in latest round of EU-Brexit talks
LVMH backs down on renegotiating Tiffany deal
Azerbaijani MFA: Armenia may face severe consequences of its policy
Azerbaijani Energy Minister to attend OPEC+ Ministerial Meeting
Turnover of electric power surges in Azerbaijan
Azerbaijan's textile factory discloses knitwear production capabilities
Spain to open to foreign tourism from July 1
Cargo shipment volume from Ukraine via Turkish ports announced
Google Chrome's share in Azerbaijan's browser market grows
Nine insurance companies’ claims shrink in Azerbaijan
Turkmenistan, Russia discuss co-op within int'l organizations
Turkmenistan assesses environment, following 'day without cars'
France's import of grain, legumes from Turkey down
Coal railway cargo transportation up in Kazakhstan
Kazakhstan's AIFC to bring more revenue to state budget by project co-funding
Jewelry export from Turkey to foreign markets downgrades
South Korean Sejin G&E to bring gas-based power production to Uzbekistan
Turkmenistan's Health Ministry to buy medicines via tender
Uzbek-Chinese JV opens tender for procurement of mobile lifting machinery
British luxury carmaker Bentley to cut quarter of workforce
Presidents of Georgia, Albania may open direct flights
Canada interested in cooperation with Uzbekistan
WoodMac expects significant increase in 2021 oil demand
Azerbaijani parliament approves bill on 2019 budget fulfillment in first reading
Turkmenistan strives for saving Caspian Sea resources during COVID-19
Kazakhstan's KAZ Minerals ups funding for copper project in Russia
Volume of jet fuel transshipment through Turkish ports announced
Azerbaijan’s Elektrogas LLC talks manufacturing gas-fired water heaters
Azerbaijan creating its first biosphere reserve
Georgia, Germany, France discuss creating safe travel corridors
Iran restoring water level in Lake Urmia
All permits in place for new technology at Azerbaijan’s Kursangi, Garabagli fields
Israel-Georgia Chamber of Business boosting cooperation with Israeli LAHAV
Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales
Ambassador: Open market economy to help Georgia to become richer
Iran to discuss details of budget plan reform
Kulevi oil terminal holds annual inspection of all safety equipment
Assets of Azerbaijan’s AccessBank surge
Malaysia reports 19 new coronavirus cases, one new death
Kazakh-German oil extracting JV to buy spare parts via tender
Singapore heading for record unemployment in 2020
Uzbekistan sells state shares in Shahrisabz Star Hotel
Trade turnover between Turkey, Tajikistan slides
Iran reports COVID-19 data for June 5
Azerbaijan explains rules for shopping prior to weekends, amid hard quarantine
Businessmen from Uzbekistan, Azerbaijan to hold online forum
Kazakh Gas Refinery to buy pumps via tender
Turkish export of fruit, vegetables spikes
Indonesia reports 703 new coronavirus infections, 49 new deaths
Crude market to be in deficit also in August
Turkey reveals volume of diesel transshipped through country ports
European Investment Bank talks recent projects in Georgia
Kazakhstan considering approaches to unify some social payments
Azerbaijan has all prospects for economic growth in post-pandemic period
Data on cargo shipment via Turkish Bartin port disclosed
TURSAB to work on reviving tourism interest in Turkey for Uzbekistan
All news