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UK, UAE buy oil products in Turkmenistan

Oil&Gas Materials 11 November 2019 11:15
UK, UAE buy oil products in Turkmenistan

ASHGABAT, Turkmenistan, Nov. 11

By Huseyn Hasanov – Trend:

Some 36 deals were registered at the Turkmen State Commodity and Raw Materials Exchange last week, Trend reports on Nov. 11 referring to the exchange.

Businessmen from Russia, the UK, the UAE and Afghanistan purchased aviation kerosene, base oil and liquefied gas.

Moreover, cotton yarn and carpets were sold to businessmen from Russia, the UAE and Kyrgyzstan.

The total amount of transactions exceeded $42 million.

Businesses and organizations of all ownership types, 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.

Oil products, cotton fiber, local textile goods and chemicals are mainly exported by Turkmenistan.

Prices for some products put up for auction change daily and are set in accordance with the international quotations; for cotton in accordance with Liverpool’s Cotton Outlook news agency and for oil products in accordance with Platts news agency.

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