Oil & Gas

Azerbaijani oil prices up

The price of the AZERI LT CIF oil produced at Azeri-Chirag-Gunashli block of oil and gas fields amounted to $65.78 per barrel at Italian port of Augusta on July 29, which is $0.31 more than on July 28, a source in Azerbaijan's oil and gas market told Trend.
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Forecast: Brent may rise in price

Due to the growth of political tension in the areas of global oil transportation routes, the cost of Brent crude oil could increase from $63-64 to $66 per barrel, according to the weekly summary of the Azerbaijani investment company InvestAZ, Trend reports.
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Azerbaijani oil prices down

The price of the AZERI LT CIF oil produced at Azeri-Chirag-Gunashli block of oil and gas fields amounted to $66.27 per barrel at Italian port of Augusta on July 25, which is $0.23 less than on July 24, a source in Azerbaijan's oil and gas market told Trend on July 26.
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TANAP receives a major award

Social and Environmental Investment Program (SEIP) of the Trans Anatolian Natural Gas Pipeline (TANAP) has received a major award in the Sustainability category of the “International CSR Excellence Awards”, Trend reports citing TANAP consortium.
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Azerbaijani oil prices up

The price of the AZERI LT CIF oil produced at Azeri-Chirag-Gunashli block of oil and gas fields amounted to $64.15 per barrel at Italian port of Augusta on July 19, which is $0.41 more than on July 18, a source in Azerbaijan's oil and gas market told Trend.
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