Azerbaijani oil prices up
Trend:
The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $73.04 per barrel at the Italian port of Augusta on April 8, or $1.1 more than on April 5, a source in Azerbaijan's oil and gas market told Trend on April 9.
The AZERI Light FOB Ceyhan oil price was $72.4 per barrel on April 8, or $1.1 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.