24 January 2019

Azerbaijani oil prices slightly down

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The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $62.58 per barrel at the Italian port of Augusta on Jan. 11, or $0.77 less than on Jan. 10, a source in Azerbaijan's oil and gas market told on Jan. 12. reports that the AZERI Light FOB Ceyhan oil price was $61.33 per barrel on Jan. 11, or $0.74 less than on Jan. 10.

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.

2019.01.12 / 17:58
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