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Turkmenistan auctions over 340,000 tons of oil products

Oil&Gas Materials 26 July 2010 16:11 (UTC +04:00)
Turkmenistan auctioned over 340,000 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.

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

Turkmenistan auctioned over 340,000 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 80,000 tons of liquefied gas, 35,000 of gasoline A-92 and A-80, 230,000 tons of fuel oil and 3,000 tons of polypropylene, 20,000 tons -straight-line gasoline.

Last week at the auction of the national stock exchanges recorded over 20 transactions.

Businessmen from Russia and the UAE bought polypropylene and gasoline. Traditionally, the main buyers are also the companies from UK, Afghanistan, Switzerland, Iran, Virgin Islands, Holland, Russia, Kazakhstan and other countries. The total amount of contracts, including the production of other economic sectors has exceeded $26 million.

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

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