Price for Azeri Light exceeds $74 on August 10

  11 August 2018    Read: 1587
Price for Azeri Light exceeds $74 on August 10

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $74,08 per barrel at the Italian port of Augusta on Aug. 10, or $0.66 more than on Aug. 9, a source in Azerbaijan's oil and gas market told Trend Aug. 11.

The AZERI Light FOB Ceyhan oil price was $73,74 per barrel on Aug. 10, or $1,03 more than the previous price.

Azerbaijan has been producing AZERI LT since 1997 and exports it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines, as well as by rail to the Georgian port of Batumi.


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