Turkmenistan sells diesel fuel to Ukraine

Oil&Gas Materials 11 September 2019 14:55 (UTC +04:00)

Ashgabat, Turkmenistan, Sept. 11

By Huseyn Hasanov – Trend:

Skywalk Trading, a trading company with headquarters in Tallinn, Estonia, delivered over 60,000 tons of diesel fuel from Turkmenistan to the Ukrainian market over 5 months this year, Trend reports referring to the Turkmennebit (Turkmenoil) State Concern.

Skywalk Trading is partnering with Turkmen Petroleum, the trading structure of the Turkmenbashi Complex of Oil Refineries (TCOR). The last batch of 4,300 tons of TCOR products was delivered to Ukraine’s Kherson seaport by the Glard-3 tanker, the information reads.

Six tankers with more than 25,000 tons of Turkmen diesel fuel were sent to Ukraine in August. Oil products are delivered from Turkmenistan to Ukraine via the Volga-Don Shipping Canal with access to the Black Sea. This route is the most effective from an economic point of view, according to the information.

TCOR processed about 2,779,000 tons of oil over the first half of 2019. The volume of production amounted to 103.3 percent of the plan. High figures were also observed in the production of diesel fuel and kerosene. A 120-percent growth was observed in the production of lubricating oils, along with a 138,2-percent growth in the production of oil bitumen.

TCOR includes 2 enterprises – one refinery in the city of Turkmenbashi and another one in the city of Seydi. The country’s annual oil production currently stands at about 10 million tons.