Baku, Azerbaijan, Feb. 13
By Maksim Tsurkov – Trend:
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $32.4 per barrel on Feb. 8-12 or $2.62 per barrel less than the previous week.
The maximum price for AZERI LT was $34.26 per barrel and the minimum price was $30.43 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.
Azerbaijan plans to extract an average of 0.87 million barrels of Azeri Light per day in 2016.
The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $28.09 per barrel on Feb. 8-12 or $2.43 per barrel less than the previous week.
The maximum price for Urals totaled $29.98 per barrel and the minimum - $26.04 per barrel.
Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.
SOCAR plans to pump 1.4 million tons of oil through the pipeline in 2016.
The average price for Brent Dated was $30.4 per barrel on Feb. 8-12 or $2.05 per barrel less than the previous week.
The maximum price for Brent was $32 per barrel and the minimum - $28.66 during the reporting period.
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