By Zeyni Jafarov â Trend:
The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $62.02 per barrel last week (from Feb. 8 through Feb. 12), which is growth by $3.11 (5.3 percent) compared to the previous price, Trend reports.
Last week, the maximum price for Azeri Light CIF oil amounted to $62.77 per barrel, while the minimum - $61.11.
The average price of Azeri LT FOB Ceyhan amounted to $61.4 per barrel last week, up to $3.13 (5.4 percent) compared to the previous indicator.
The maximum price for Azeri LT FOB Ceyhan amounted to $62.14 per barrel, while the minimum - $60.49.
Last week, the average price of URALS oil sold by Azerbaijan in the Russian Port of Novorossiysk amounted to $59.06 per barrel, showing an increase of $2.38 (4.2 percent) compared to the previous week.
By Sadraddin Aghjayev - Trend:
The Ukrainian airline, Ukraine International Airlines (UIA), will resume summer navigation of flights on the Kyiv - Baku - Kyiv route from March 2021, Trend reports with reference to the UIA.
Starting from March 28, 2021, it is planned to gradually restore the original route network and restart long-haul flights.
In particular, the airline will resume flights to Georgia (Tbilisi), the UK (London), France (Paris), Germany (Munich), Italy (Milan), Spain (Barcelona), the UAE (Dubai), Egypt (Cairo) and Turkey (Istanbul).
Within the framework of this flight program, the UIA will continue to provide passengers with convenient connections for comfortable travel from Europe to the countries of the East and back.
By Zeyni Jafarov â Trend:
The Baku Stock Exchange (BSE) will host an auction on placement of state medium-term bonds of the Azerbaijani Finance Ministry for a total of 45 million manat ($26.5 million) on February 16, 2021, Trend reports with reference to the stock exchange.
Bonds with a par value of 100 manat ($58.8), a circulation term of 728 days and a yield to maturity (YTM) of 7 percent will be offered at the auction.
The deadline for payment on interest (if any) is August 17, 2021, February 15, 2022, August 16, 2022 and February 14, 2023, while for payment on bonds - February 14, 2023.
PASHA Capital Investment Company is an underwriter on issuing of the ministry s state bonds.