How much did Azerbaijani oil cost on average in 2015?

From January to April 2015 Azerbaijan exported 11,124,548 tons of oil, down 1.4% against the same period in 2014, reported the Azerbaijan State Customs Committee.

According to the meters, during 4 months, 2015 8,839,695 tons of oil was exported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline (of which 719,947 tons of gas condensate from the Shah Deniz field), 1,456,843 tons via the Baku-Supsa oil pipeline, 424,351 tons via the Baku-Novorossiysk oil pipeline and 403,658 tons to the Georgian ports by railway.

The declared volume of exported oil totaled 7,932,937 tons to the amount of $3,275,414,047. Since early year Azerbaijan has sold 1 ton of its oil at the price of $412.89 or $55.79 per barrel. According to Turan, this price is down 48.8% against the same period last year.—0—

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