Azerbaijani discloses its oil prices


The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, dropped by $1.16 on Apr.30 compared to the previous price, making up $66.55 per barrel, Trend reports referring to the source from the country’s oil and gas market.

The price of Azeri LT FOB Ceyhan amounted to $65.89 per barrel on Apr.30, which is $1.17 less than the previous price.

Azerbaijan has been producing Azeri LT since 1997 and exporting it via the Baku-Tbilisi-Ceyhan and Baku-Supsa Western Export Pipeline.—Azernews