Turkmenistan auctions about 450,000 tons of oil products

Business Materials 23 January 2012 09:55 (UTC +04:00)

Turkmenistan, Ashgabat, Jan.23 / Trend , H.Hasanov /

Turkmenistan auctioned about 450,000 tons of oil products from the Turkmenbashi refinery, and refineries in the Saydi and Nayip gas-processing complex at the State Commodity and Raw Materials Exchange.

The country put as stock trades about 150,000 tons of gasoline, 100,000 tons of diesel fuel, 20,000 tons of oil coke, 10,000 tons of furnace oil, 60,000 tons of fuel oil, 30,000 tons of straight-run gasoline, about 60,000 tons of liquefied gas and 20,000 tons of jet fuel.
Some 43 deals were registered at the Turkmen State Commodity and Raw Materials Exchange.

Companies from Switzerland, the United Arab Emirates, Afghanistan, and the Virgin Islands purchased gasoline, hydrotreated diesel fuel and low-sulfur furnace fuel oil, liquefied gas. Total amount of contracts, including on sale of oil products exceeds $165 million.

The representatives from Azerbaijan, China, Switzerland, Liechtenstein, Kazakhstan, Turkey, Iran and other countries are the traditional participants of the auction.

The Commodity Exchange is a principal organ of state regulation of export-import operations in Turkmenistan.