e of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $62.75 per barrel at the Italian port of Augusta on Jan. 16, or $1.23 more than on Jan. 15, a source in Azerbaijan's oil and gas market told Trend Jan. 17.
The AZERI Light FOB Ceyhan oil price was $61.69 per barrel on Jan. 16, or $1.32 more than on Jan. 15.
Azerbaijan also exports URALS oil from Russia’s Black Sea port of Novorossiysk. The oil is delivered there via the Baku-Novorossiysk pipeline.
The price for URALS-NOVO was $58.96 per barrel on Jan. 16, or $1.85 more than the previous price.
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