The cost of Azerbaijani light oil mined at the Azeri – Chirag – Guneshley field (ACH), on the basis of CIF in the Italian port August 25, amounted to $ 76.77 per barrel, which is 0.5 dollars more than the previous indicator.
Based on FOB in Turkish port of Ceyhan, the price of Azeri Light amounted to $ 76.03 per barrel, which is 0.5 dollars more than the previous indicator. Azerbaijan is produced by Azeri Light since 1997 and exports through the pipelines Baku – Tbilisi – Ceyhan and Baku – Supsa, as well as by rail – in Georgian port Batumi.
Azerbaijan also sells urals grade oil from the Russian Black Sea Port Novorossiysk, delivering raw materials on the Baku-Novorossiysk pipeline. The price of URALS with shipment from the port was $ 73.03 per barrel, leaving about the previous indicator by 0.3 dollars.