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Turkmenistan sells total petroleum coke to UAE, China

Business Materials 9 November 2020 10:12 (UTC +04:00)

BAKU, Azerbaijan, November 9

By Jeila Aliyeva - Trend:

Entrepreneurs from China, the UAE, Germany and Afghanistan purchased total petroleum coke, aviation kerosene, diesel fuel, hydrotreated diesel fuel, and gasoline manufactured at the Turkmenbashi Complex of Oil Refineries during trading on the State Commodity and Raw Materials Exchange of Turkmenistan last week, Trend reports with reference to “Turkmenistan: Zolotoy Vek” (Turkmenistan: Golden Age) electronic newspaper.

In addition, high-density polyethylene has become the subject of transactions of entrepreneurs from Russia, the UAE, Turkey and Uzbekistan in foreign currency.

Also, entrepreneurs from the US, the UAE, Turkey, Azerbaijan, Uzbekistan and Kyrgyzstan bought cotton and denim fabrics, as well as cotton yarn and colorless flat glass in foreign currency.

The total amount of transactions on the exchange in foreign currency exceeded $11.3 million.

Transactions in Turkmen manat were also made on the exchange. Thus, entrepreneurs from the UAE, Turkey, and Afghanistan purchased carpet products, povidone-iodine solution, and cotton yarn for a total amount of over 12.9 million Turkmen manat ($3.7 million).

In total, 41 transactions were registered on the exchange over the past week.

The state commodity exchange of Turkmenistan was established on July 29, 1994. It is the most important agency of state regulation of export-import operations.

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Follow the author on Twitter: @JeilaAliyeva

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