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Turkmenistan auctions over 240,000 tons of oil products

Oil&Gas Materials 29 September 2010 13:36 (UTC +04:00)

Turkmenistan, Ashgabat, Sept. 29 / Trend H.Hasanov /

Turkmenistan auctioned over 240,000 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 70,000 tons of liquefied gas, about 5,000 tons of polypropylene, 70,000 tons of fuel oil, 40,000 tons of aviation kerosene, 10,000 - basic fuel, 20,000 tons of gasoline, 30,000 tons of straight-run gasoline.

Last week at the auction of the national stock exchanges recorded over 53 transactions. Businessmen from Russia, Kazakhstan and Afghanistan purchased gasoline and polypropylene.

Traditionally, the main buyers are also the companies from U.S., Great Britain, Holland, Switzerland, UAE, Iran and other countries. The total amount of contracts exceeded $130 million last week.

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

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