The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $62.61 per barrel at the Italian port of Augusta on Jan. 17, or $0.14 less than on Jan. 16, a source in Azerbaijan's oil and gas market told Trend Jan. 18.
The AZERI Light FOB Ceyhan oil price was $61.58 per barrel on Jan. 17, or $0.11 less than on Jan. 16.
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.
The price for URALS-NOVO was $58.12 per barrel on Jan. 17, or $0.84 less than the previous price.
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