Turkmenistan auctions 170,000 tons of oil products
ASHGABAT – Turkmenistan has auctioned over 170,000 tons of oil products at the State Commodity and Raw Materials Exchange on Monday.
The country offered for sale about 30,000 tons of liquefied gas, 3,000 tons of polypropylene, 130,000 tons of fuel oil, 10,000 tons of aviation kerosene, produced at the Turkmenbashi refinery, as well as at the refineries in the Saydi and Nayip.
Over 50 transactions were recorded at the auction of the national stock exchanges last week. Businessmen from UK, UAE, Afghanistan, as well as Gibraltar have purchased base oil, gasoline, aviation kerosene, liquefied petroleum gas and diesel.
Traditionally, the main buyers of Turkmen oil products are the companies from UK, Switzerland, Iran, Afghanistan, Virgin Islands, the Netherlands, Russia and Kazakhstan.
The total amount of contracts, including the non-oil, which has been concluded last week has exceeded $112 million.
The Commodity Exchange is a principal organ of state regulation of export-import operations in Turkmenistan.
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