Azerbaijani oil prices for Feb. 1-5
The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $35 per barrel on Feb. 1-5 or $0.41 per barrel more than the previous week.
The maximum price for AZERI LT was $35.5 per barrel and the minimum price was $34.09 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 $30.52 per barrel on Feb. 1-5 or $1.22 per barrel more than the previous week.
The maximum price for Urals totaled $31.03 per barrel and the minimum - $29.45 per barrel on Feb. 1-5.
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 $32.45 per barrel on Feb. 1-5 or $0.75 per barrel more than the previous week.
The maximum price for Brent was $33.01 per barrel and the minimum - $31.34 during the reporting period.
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