Turkmenistan auctions about 390,000 tons of oil products

Business Materials 26 November 2012 17:54 (UTC +04:00)

Turkmenistan, Ashgabat, Nov. 26 /Trend H.Hasanov/

Turkmenistan auctioned about 390,000 tons of finished commodity of two refineries in Turkmenbashi, Saydi and Nayip gas-processing complex at the State Commodity and Raw Materials Exchange.

The country put as stock trades about 40,000 tons of gasoline, about 80,000 tons of diesel fuel, 150,000 tons of fuel oil, 15,000 tons of aviation kerosene, 30,000 tons of kerosene, about 60,000 tons of liquefied gas, over 3,000 tons of polypropylene, 10,000 tons of oil coke.

Last week businessmen from Russia, Gibraltar, Afghanistan bought aviation kerosene, polypropylene and liquefied gas. The total sum of the contracts on the exchange, including oil products exceeded $50 million.

The representatives from Azerbaijan, China, Liechtenstein, Kazakhstan, Denmark, Switzerland 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.