Baku, Azerbaijan, May 7
By Anvar Mammadov - Trend:
The price of AZERI LT CIF Augusta stood at $68.95 per barrel on May 6, or $0.51 per barrel more compared to the price on May 5, the State Oil Company of Azerbaijan told Trend May 7.
Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, and to the Georgian port of Supsa via the Baku-Supsa pipeline.
AZERI LT FOB Ceyhan oil price was $67.96 per barrel or $0.52 per barrel more than the previous price.
Azerbaijan also exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline.
The price of URALS (EX-NOVO) was $65.14 per barrel on May 6, or $0.38 per barrel more than the previous price.
The price of Brent Dated, produced from the North Sea, was $66.62 per barrel on May 6, or $0.5 per barrel more than the previous price.
Azerbaijani oil prices have started to rise since May 5.
Edited by SI
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