Baku, Azerbaijan, Dec. 23

By Azad Hasanli – Trend:

Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $66.26 per barrel on Dec. 18-22 or $0.21 per barrel more than the previous week.

The highest price of AZERI LT was $66.54 per barrel, while the lowest price was $65.76 per barrel during the reporting period.

Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports – Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway.

Average price of URALS (EX-NOVO), exported from Azerbaijan via the Novorossiysk port, was $62.46 per barrel on Dec. 18-22 or $0.45 per barrel more than the previous week.

The highest price for URALS was $62.91 per barrel and the lowest price was $61.78 per barrel on Dec. 18-22.

Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.

Average price of Brent Dated was $64.098 per barrel on Dec. 18-22 or $0.012 per barrel more than the previous week.

The highest price for Brent was $64.55 per barrel and the lowest price was $63.41 during the reporting period.

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