UK, Russia buy oil products in Turkmenistan

Oil&Gas Materials 4 May 2019 15:23 (UTC +04:00)

Ashgabat, Turkmenistan, May 4

By Huseyn Hasanov– Trend:

Last week, 39 deals were registered at the State Commodity and Raw Materials Exchange of Turkmenistan, Trend reports with reference to the state exchange May 4.

Businessmen from Russia, Afghanistan, the UK, Ukraine and Uzbekistan purchased gasoline, liquefied gas, polypropylene, high density polyethylene, urea and technical sulfur.

Besides, colorless sheet glass, Portland cement and cotton yarn were sold to businessmen from the UK, the UAE, Turkey, Uzbekistan and Afghanistan. The total amount of transactions exceeded $50.780 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 the service contract with exchange brokers.

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

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.