Turkmenistan auctions 150,000 tons of oil products

Oil&Gas Materials 3 February 2010 16:26 (UTC +04:00)

Turkmenistan, Ashgabat, Feb. 3 / Trend H.Hasanov /

Turkmenistan auctioned 150,000 tons of oil products from the Turkmenbashi refinery, and refineries in the Saydi and Nayip gas-processing complex today at the State Commodity and Raw Materials Exchange.

The country put as stock trades about 40,000 tons of liquefied gas, 37,000 tons of jet fuel, 50,000 of gasoline A-92 and 20,000 tons of straight-run gasoline.

At last week's auction exchange, traders from the UAE, Iran, Cyprus, the Netherlands and Panama have acquired products - hydro treated diesel, base oil of various grades, polypropylene and diesel fuel L-0,2-62 - from the Turkmenbashi refinery. A UK company purchased Liquefied natural gas produced in Nayip.

The exchange, established in 1994, registered 27 transactions last week, $51.9 million of which was fixed foreign currency.

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