Azerbaijani oil prices increase

By Trend The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.38 on Dec. 3 compared to the previous price, settling at $72.76 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan on Dec. 3 amounted to $72.06 per barrel, up by $1.37 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 al…

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