Azerbaijani oil prices down
By Trend
The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $62.52 per barrel at the Italian port of Augusta on Dec. 11, or $0.21 less than on Dec. 10, a source in Azerbaijan's oil and gas market told Trend Dec. 12.
The AZERI Light FOB Ceyhan oil price was $61.23 per barrel on Dec. 11, or $0.13 less than on Dec. 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.