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Turkmenistan auctions over 350,000 tons of oil products

Oil&Gas Materials 8 June 2011 13:02 (UTC +04:00)
Turkmenistan has today auctioned over 350,000 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.

Turkmenistan, Ashgabat, June 8 / Trend, H.Hasanov/

Turkmenistan has today auctioned over 350,000 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 50,000 tons of liquefied gas, 40,000 tons of straight-run gasoline, about 110,000 tons of gasoline, 40,000 tons of jet kerosene, 30,000 tons of fuel oil, 70,000 tons of diesel fuel and 10,000 tons of base oil.
Last week at the auction of the national stock exchanges recorded 23 transactions. Companies from Afghanistan and the Seychelles bought liquefied gas and kerosene.
The representatives from Azerbaijan, Great Britain, the Netherlands, China, Turkey, UAE, U.S, Russia, Switzerland, Kazakhstan and Liechtenstein are the traditional participants of the auction. Total amount of contracts, including on sale of oil products exceeds $24 million.
The Commodity Exchange is a principal organ of state regulation of export-import operations in Turkmenistan.

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