Azerbaijani oil prices 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 $73.58 per barrel at the Italian port of Augusta on April 15, or $0.55 less than on April 12, a source in Azerbaijan's oil and gas market told Trend on April 16.
The AZERI Light FOB Ceyhan oil price was $72.88 per barrel on April 15, or $0.57 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.