Azerbaijani oil prices down on July 31
By Trend
The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Guneshli block of oil and gas fields, amounted to $75.75 per barrel at the Italian port of Augusta on July 31, that is $0.65 less than on July 30, a source in Azerbaijan’s oil and gas market told Trend Aug. 1.
The AZERI Light FOB Ceyhan oil price was $74.92 per barrel on July 31, or $0.68 less than the previous price.
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.