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Azerbaijani oil prices for Nov. 28- Dec. 2

Oil&Gas Materials 3 December 2016 17:00 (UTC +04:00)
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $52.02 per barrel on Nov. 28-Dec. 2 or $2.33 per barrel more than the previous week
Azerbaijani oil prices for Nov. 28- Dec. 2

Baku, Azerbaijan, Dec. 3

By Maksim Tsurkov – Trend:

The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $52.02 per barrel on Nov. 28-Dec. 2 or $2.33 per barrel more than the previous week.

The maximum price for AZERI LT was $55.11 per barrel and the minimum price was $48.3 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.

The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $47.03 per barrel on Nov. 28-Dec. 2 or $2.42 per barrel more than the previous week.

The maximum price for Urals totaled $50.25 per barrel and the minimum - $43.29 per barrel on Nov. 28-Dec. 2.

Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.

The average price for Brent Dated was $49.48 per barrel on Nov. 28-Dec. 2 or $2.34 per barrel more than the previous week.

The maximum price for Brent was $52.52 per barrel and the minimum - $45.79 during the reporting period.

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Follow the author on Twitter: @MaksimTsurkov

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