Azeri Light price slightly 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 $70.79 per barrel at the Italian port of Augusta on April 3, or $0.37 less than on April 2, a source in Azerbaijan's oil and gas market told Trend.
The AZERI Light FOB Ceyhan oil price was $70.16 per barrel on April 3, or $0.38 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.