Turkmenistan auctions about 250,000 tons of oil products

Oil&Gas Materials 31 January 2011 11:48

Turkmenistan, Ashgabat, Jan.31 / Trend H.Hasanov /

Turkmenistan auctioned about 250,000 tons of oil products from the Turkmenbashi refinery, and refineries in the Saydi and Nayip gas-processing complex at the State Commodity and Raw Materials Exchange.

The country put as stock trades about 65,000 tons of liquefied gas, 20,000 tons of gasoline, 50,000 tons of kerosene, 10,000 tons - basic oil, 70 tons of fuel oil, 30,000 tons of straight-run gasoline, 5,000 tons - polypropylene.

Last week at the auction of the national stock exchanges recorded 47 transactions. Companies from Afghanistan, Switzerland, Russia, Liechtenstein, the UK and the UAE have bought diesel fuel and industrial kerosene. Total amount of contracts, including on sale of oil products hits $77 million.  

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