Turkmenistan auctions over 410,000 tons of oil products

Oil&Gas Materials 19 August 2011 10:41 (UTC +04:00)

Turkmenistan, Ashgabat, Aug. 19 / Trend H.Hasanov /

Turkmenistan auctioned over 410,000 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 10,000 tons of liquefied gas, 30,000 tons of straight-run gasoline, 90,000 tons of gasoline, over 140,000 tons of diesel fuel, over 25,000 tons of kerosene, 100,000 tons of fuel oil, about 10,000 tons of polypropylene and 10,000 tons of furnace oil.

Last week at the auction of the national stock exchanges recorded 39 transactions. Companies from the UK, Denmark and Tajikistan purchased gasoline, liquefied gas, aviation kerosene and diesel fuel.

The representatives from Azerbaijan, Great Britain, China, Russia, the U.S, Switzerland and Liechtenstein are the traditional participants of the auction. Total amount of contracts, including on sale of oil products exceeds $93 million.

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