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Turkmenistan auctions about 170,000 tons of oil products

Oil&Gas Materials 16 August 2010 12:34 (UTC +04:00)
Turkmenistan auctioned over 170,000 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, Aug. 16 / Trend H.Hasanov /

Turkmenistan auctioned over 170,000 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 30,000 tons of liquefied gas, 3,000 tons of polypropylene, 130,000 tons of fuel oil, 10,000 tons of aviation kerosene.

Last week at the auction of the national stock exchanges recorded over 50 transactions.

Businessmen from UAE, UK, Afghanistan and Gibraltar bought base oil, gasoline, aviation kerosene, liquefied petroleum gas, diesel. 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 $112 million.

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

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