Price of Azerbaijani oil exceeded $ 77

The cost of Azerbaijani light oil extracted on the Azeri – Chirag – Guneshley field (ACH), on the basis of CIF in the Italian port of Augusta, the first July amounted to 77.11 dollars per barrel, which is 1.16 dollars more than the previous indicator, reports haqqin.az.

Based on FOB in Turkish port of Ceyhan, the price of Azeri Light amounted to $ 76.48 per barrel, which is 1.18 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 $ 73.81 per barrel, having increased relative to the previous figure by $ 1.29.

The cost of barrel of oil reference variety Brent Dated extracted in the North Sea, on July 1, amounted to $ 77.26, which is 1.07 dollars more than the previous indicator.