Georgia, Turkey buy oil products in Turkmenistan

Oil&Gas Materials 20 May 2019 09:30 (UTC +04:00)

Ashgabat, Turkmenistan, May 20

By Huseyn Hasanov – Trend:

Last week, 63 deals were registered at the State Commodity and Raw Materials Exchange of Turkmenistan, Trend reports with reference to the state exchange on May 20.

Businessmen from the UK, Switzerland, the UAE, Malta, Georgia, Afghanistan, Russia, Switzerland, Uzbekistan, Romania and Turkey purchased gasoline, diesel fuel, aviation kerosene, fuel oil, high-density polyethylene and urea.

Besides, colorless sheet glass, Portland cement and cotton fabric and yarn were sold to businessmen from Russia, Turkey, UAE, Azerbaijan, Uzbekistan, Kyrgyzstan, Pakistan and Afghanistan. The total amount of transactions exceeded $184.714 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.