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Turkmenistan orders two tankers in Russia

Oil&Gas Materials 8 June 2009 11:49 (UTC +04:00)

Turkmenistan, Ashgabat, June 8 / Trend , G.Hasanov/

The Turkmendenizderyayollari (Turkmen marine fleet) State Department signed a contract with the Russian Krasnoe Sormovo Plant Open Joint Stock Company (OJSC) to build and purchase two ships of river-sea type with 7,000 tons of capacity to transport oil and oil products, each worth $15.5 million. 

The Islamic Development Bank (IDB) issued these funds for 11 years with 5.1 percent of interest rate with the condition to implement the project within a year.

At present Turkmenistan is exporting oil and oil products via Azerbaijan and Iran.

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