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Turkmenistan auctions over 320,000 tons of oil products

Oil&Gas Materials 14 February 2011 11:09 (UTC +04:00)

Turkmenistan, Ashgabat, Feb. 14 / Trend H.Hasanov /

Turkmenistan auctioned over 320,000 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 60,000 tons of liquefied gas, 60,000 tons of gasoline, 25,000 tons of kerosene, 80,000 tons of fuel oil and 50,000 tons of straight-run gasoline, about 30,000 tons of diesel fuel, 20,000 tons of oil coke, 3,000 tons of polypropylene.

Last week at the auction of the national stock exchanges recorded 48 transactions. Companies from Denmark, Russia, UAE, Iran, Afghanistan and the Virgin Islands bought aviation kerosene, gasoline of various brands, LPG, substandard polypropylene, base oil, diesel fuel.

Total amount of contracts, including on sale of oil products exceeds $99 million.

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

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