Turkmenistan auctions over 530,000 tons of oil products

Oil&Gas Materials 26 August 2011 12:11 (UTC +04:00)

Turkmenistan, Ashgabat, Aug. 26 / Trend H.Hasanov /

Turkmenistan auctioned over 530,000 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 over 40,000 tons of liquefied gas, about 90,000 tons of straight-run gasoline, about 100,000 tons of gasoline, over 150,000 tons of diesel fuel, 35,000 tons of aviation kerosene, 100,000 tons of fuel oil, 10,000 tons of polypropylene and 10,000 tons of furnace oil.

Last week at the auction of the national stock exchanges recorded 55 transactions. Companies from the United States, UK, Iran, Afghanistan, Tajikistan and the Seychelles bought aviation kerosene, gasoline of various brands, diesel fuel, liquefied gas, lamp oil, substandard polypropylene.

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 $121 million.

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