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Turkmenistan auctions about 550,000 tons of oil products

Oil&Gas Materials 5 October 2011 11:14 (UTC +04:00)

Turkmenistan, Ashgabat, Oct.5 / Trend , H.Hasanov /

Turkmenistan auctioned about 550,000 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 30,000 tons of straight-run gasoline, about 130,000 tons of gasoline, about 200,000 tons of diesel fuel, 150,000 tons of fuel oil, about 30,000 tons of polypropylene, 6,000 tons of base oil and 10,000 tons of furnace oil.

Companies from Afghanistan and UAE purchased aviation fuel, diesel fuel and liquefied gas.
The representatives from Azerbaijan, UK, China, Russia, Switzerland and Liechtenstein are the traditional participants of the auction. Total amount of contracts, including on sale of oil products exceeds $19 million.

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

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