The highest price of AZERI LT was $57.52 per barrel, while the lowest price was $56.29 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 $52.73 per barrel on Feb. 27-March 3 or $0.97 per barrel less than the previous week.
The highest price for URALS was $53.52 per barrel and the lowest price was $52.07 per barrel on Feb. 27-March 3.
Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port.
Average price of Brent Dated was $54.6 per barrel on Feb. 27-March 3 or $0.97 per barrel less than the previous week.
The highest price for Brent was $55.27 per barrel and the lowest price was $54.06 during the reporting period.
Azerbaijani oil prices for Feb. 27-March 3
05 March 2017
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Average price of AZERI LT CIF, extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields, was $56.87 per barrel on Feb. 27-March 3 or $0.88 per barrel less than the previous week.
