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Turkmenistan auctions over 690,000 tons of oil products

Oil&Gas Materials 26 March 2012 12:31 (UTC +04:00)

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

Turkmenistan auctioned over 690,000 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 250,000 tons of gasoline, 10,000 tons of furnace oil, 240,000 tons of fuel oil, 60,000 tons of straight-run gasoline, over 120,000 tons of liquefied gas and 9,000 tons of kerosene and 5,000 tons of light gas oil.

Some 48 deals were registered at the Turkmen State Commodity and Raw Materials Exchange. Total amount of contracts, including on sale of oil products hits $90 million.

Companies from Afghanistan, UK bought diesel fuel. The representatives from Azerbaijan, Great Britain, China, Russia, Liechtenstein, Kazakhstan, Iran 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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