UK, UAE buy oil products in Turkmenistan

Oil&Gas Materials 27 January 2020 09:27 (UTC +04:00)
UK, UAE buy oil products in Turkmenistan

ASHGABAT, Turkmenistan, Jan. 27

By Huseyn Hasanov – Trend:

Seventy-one deals were registered at the Turkmen State Commodity and Raw Materials Exchange last week, Trend reports on Jan. 27 referring to the exchange.

Businessmen from Afghanistan, the UK, the UAE, Russia and Switzerland purchased straight-run gasoline, polypropylene, liquefied natural gas, hydrotreated diesel fuel and aviation kerosene.

Furthermore, colorless sheet glass and cotton yarn were sold to businessmen from Ireland, Kyrgyzstan, the UAE, Pakistan, Russia, Turkey and Uzbekistan.

The total amount of transactions exceeded $37.1 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.