Azerbaijani oil decreases in price

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Azer News

By Trend The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $0.16 on Oct.13 compared to the previous price, settling at $84.95 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan on Oct.13 amounted to $84.18 per barrel, down by $0.2 as compared to the previous price. Azerbaijan has been producing Azeri LT since 1997 and exporting it via the Baku-Tbilisi-Ceyhan (BTC) and Baku-Supsa Western Export Pipeline, as well as by rail to the Georgian port of Batumi. Azerbaijan a…

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