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 $71.16 per barrel at the Italian port of Augusta on April 2, or $0.34 more than on April 1, a source in Azerbaijan's oil and gas market told Trend.
The AZERI Light FOB Ceyhan oil price was $70.54 per barrel on April 2, or $0.38 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.