UAE, UK buy oil products in Turkmenistan

Turkmenistan Materials 2 April 2018 10:04 (UTC +04:00)

Ashgabat, Turkmenistan, April 2

By Huseyn Hasanov – Trend:

As many as 164 deals were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week, the state-run exchange said in a message.

Entrepreneurs from the UAE, the UK, Switzerland, Afghanistan and Kazakhstan purchased lighting kerosene, low sulfur fuel oil, base oil and diesel fuel produced at the Turkmenbashi Complex of Oil Refineries.

In addition, entrepreneurs from Russia, the US, the UAE, the UK, Germany, Turkey, Afghanistan, Kazakhstan and Kyrgyzstan purchased straight-run gasoline and oil road bitumen produced at the Seydi oil refinery, as well as liquefied gas and technical sulfur (produced by Turkmengas State Concern).

Besides, refined cottonseed oil, cotton fabric, yarn and gauze, Portland cement were sold to Russia, Turkey, Kyrgyzstan, Uzbekistan and other countries. The total price of the deals exceeded $125.5 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 by signing service contracts with exchange brokers.

Petrochemicals, cotton fiber, local textile and chemical products are the main exports.