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Foreign entrepreneurs buy LNG on Turkmen Commodity Exchange

Turkmenistan Materials 14 April 2023 15:35 (UTC +04:00)
Foreign entrepreneurs buy LNG on Turkmen Commodity Exchange
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, April 14. Businessmen from Türkiye, Pakistan, Uzbekistan, and Afghanistan purchased liquefied natural gas (LNG) from Turkmen production during trading on April 11 at the State Commodity and Raw Material Exchange of Turkmenistan, Trend reports with reference to the exchange.

Representatives of the business community from Türkiye, Pakistan, Uzbekistan, and Afghanistan purchased 42,000 tons of LNG on the exchange at a price of $376.2 per ton. The total amount of the transactions was $15.8 million.

At the same time, according to the exchange, on April 10, businessmen from Afghanistan purchased 1,000 tons of technical granulated sulfur in the amount of $42,000.

Meanwhile, in Turkmenistan as a whole, the plan for the extraction of natural and associated gas was exceeded by 12.7 percent in 2022, and the plan for the production of liquefied gas - by 5.1 percent.

The State Commodity and Raw Materials Exchange of Turkmenistan was established on July 29, 1994. It is the most important body of state regulation of export-import operations.

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