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Turkmenistan auctions oil products

15 February 2013 18:13 (UTC+04:00)
Turkmenistan auctions oil products

Turkmenistan has auctioned about 390,000 tons of finished commodities of two refineries in Turkmenbashi, Saydi and Nayip gas-processing complex at the State Commodity and Raw Materials Exchange.

It put at stock trades 170,000 tons of motor gasoline, 90,000 tons of diesel fuel, 30,000 tons of aviation kerosene, 60,000 tons of liquefied gas, 30,000 tons of straight-run petrol and 10,000 tons of oil coke.

Some 43 transactions were registered at the Turkmen State Commodity and Raw Materials Exchange of Turkmenistan last week.

Companies from the UK, Germany, the Channel Islands, Russia, Turkey and the Bahama Islands bought base oil, polypropylene, low-sulfur fuel oil, hydrotreated diesel fuel, calcined petroleum coke. The total sum of the contracts on the exchange, including oil products exceeded $158 million.

The representatives from Azerbaijan, Russia, China, Kazakhstan, Denmark, Switzerland, Liechtenstein and other countries are the traditional participants of the auction.

The Commodity Exchange is a principal organ of state regulation of export-import operations in Turkmenistan.

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