Azerbaijani oil prices up
By Trend
The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $68.6 per barrel at the Italian port of Augusta on Feb. 21, or $0.1 more than on Feb. 20, a source in Azerbaijan's oil and gas market told Trend on Feb. 22.
The AZERI Light FOB Ceyhan oil price was $67.86 per barrel on Feb. 21, or $0.1 more than on Feb. 20.
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.