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 $67.94 per barrel at the Italian port of Augusta on March 12, or $0.4 more than on March 11, a source in Azerbaijan's oil and gas market told Trend on March 13.
The AZERI Light FOB Ceyhan oil price was $67.24 per barrel on March 12, or $0.4 more 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.