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Turkmenistan auctions over 270,000 tons of oil products

Oil&Gas Materials 11 August 2010 13:58 (UTC +04:00)

Turkmenistan, Ashgabat, Aug. 11 / Trend H.Hasanov /

Turkmenistan auctioned over 270,000 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 60,000 tons of liquefied gas, 3,000 tons of polypropylene 130,000 tons of fuel oil, 20,000 tons of gasoline, 20,000 tons of aviation kerosene and 40,000 tons of diesel fuel.

Last week at the auction of the national stock exchanges recorded over 30 transactions.

Businessmen from Russia, Afghanistan and UAE bought straight-line gasoline, liquefied gas  and fuel oil. 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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