Baku, Azerbaijan, May 1
By Maksim Tsurkov – Trend:
The average price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields, amounted to $73.47 per barrel at the Italian port of Augusta in April 2018, which is by 34.5 percent more than in the same period last year.
In April 2017, the average price of the AZERI LT CIF oil was $54.62 per barrel, which is 8.2 percent more than March 2017.
Azerbaijan has been producing AZERI LT at the ACG block since 1997 and exports it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines.
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