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Turkmenistan auctions about 550,000 tons of oil products

Oil&Gas Materials 25 November 2011 13:17 (UTC +04:00)
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.

Turkmenistan, Ashgabat, Nov.25 / 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 70,000 tons of gasoline, over 180,000 tons of diesel fuel, 40,000 tons of oil coke, over 10,000 tons of polypropylene, 10,000 tons of furnace oil, 40,000 tons of oil coke, 200,000 tons of fuel oil and 10,000 tons of jet fuel.

Companies from UAE, Russia, Afghanistan, Ukraine, and the Virgin Islands bought liquefied gas, polypropylene, diesel fuel, jet fuel and gasoline last week. Total amount of contracts, including on sale of oil products exceeds $100.39 million.

The representatives from Azerbaijan, China, Switzerland, Liechtenstein, Denmark, Kazakhstan and other countries are the traditional participants of the auction.

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

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