In November, Azeri oil price fell by one third
Edited by Rhod Mackenzie / 2014-12-02 11:31:23
Azerbaijan Oil and Gas Azerbaijan Oil and Gas Inpex Itochu Baku-Tbilisi-Ceyhan BP Oil Pipelines Production and Refining SOCAR Statoil Total Oil
In November, the price of Azeri oil BTC FOB Ceyhan fell by 35%, the marketing and economic operations department of SOCAR reports.
SOCAR oil exports from Ceyhan were 1.012477 million tons in November. It was supplied via BTC pipeline.
The global markets evaluated Brent by $78.90, Urals by $78.92, and BTC FOB Ceyhan by $79.70 in November 2014.
BTC pipeline with length of 1,768 km was launched in July 2006.
