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Turkmenistan auctions over 180,000 tons of oil products

Oil&Gas Materials 13 June 2011 11:39 (UTC +04:00)

Turkmenistan, Ashgabat, June 13 / Trend, H.Hasanov/

Turkmenistan has today auctioned over 180,000 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 90,000 tons of gasoline and 10,000 tons of diesel fuel.

Last week at the auction of the national stock exchanges recorded 38 transactions. Companies from USA, UK, UAE, Netherlands, Afghanistan and the Seychelles bought gasoline, aviation kerosene, hydrotreated diesel fuel, base oil and fuel oil

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 $181 million.

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

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