Turkey, Switzerland buy oil products in Turkmenistan

Oil&Gas Materials 8 April 2019 09:24 (UTC +04:00)

Ashgabat, Turkmenistan, April 8

By Huseyn Hasanov – Trend:

Last week, 57 deals were registered at the State Commodity and Raw Materials Exchange of Turkmenistan, Trend reports with reference to the state exchange.

Businessmen from Turkey, Kazakhstan, Afghanistan, Switzerland and Russia, Hong Kong and Uzbekistan purchased diesel fuel, petroleum coke, vacuum gas oil, liquefied gas, polyethylene and urea.

Besides, colorless sheet glass, Portland cement, medical supplies, cretonne fabric, cotton yarn, regenerated fiber, cotton wool for furniture were sold to businessmen from Russia, the UK, the UAE, Turkey, Hong Kong, Belarus, Armenia, Afghanistan and Uzbekistan. The total amount of transactions amounted to $63.789 million.

Businesses and organizations of all ownership forms, residents of Turkmenistan and other countries can participate in the exchange trading by acquisition of a broker place or signing of service contract with exchange brokers.

Petrochemicals, cotton fiber, local textile and chemical production are the main exports.

Prices for some products put up for auction change daily and are set according to international quotations – for cotton in accordance with the Liverpool news agency "Cotton Outlook" and for petroleum products in accordance with S&P Global Platts.