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Turkmenistan auctions over 360,000 tons of oil products

Oil&Gas Materials 22 August 2011 12:07 (UTC +04:00)

Turkmenistan, Ashgabat, Aug.22 / Trend H.Hasanov /

Turkmenistan auctioned over 360,000 tons of oil products from the Turkmenbashi refinery, and refineries in the Saydi and Nayip gas-processing complex at the State Commodity and Raw Materials Exchange.
The country put as stock trades over 10,000 tons of liquefied gas, about 30,000 tons of straight-run gasoline, about 70,000 tons of gasoline, over 130,000 tons of diesel fuel, 10,000 tons of aviation kerosene, 100,000 tons of fuel oil, 7,000 tons of polypropylene and 10,000 tons of furnace oil.
Last week at the auction of the national stock exchanges recorded 55 transactions. Companies from the United States, UK, Iran, Afghanistan, Tajikistan and the Seychelles bought aviation kerosene, gasoline of various brands, diesel fuel, liquefied gas, lamp oil, substandard polypropylene.
The representatives from Azerbaijan, Great Britain, China, Russia, the U.S, Switzerland and Liechtenstein are the traditional participants of the auction. Total amount of contracts, including on sale of oil products exceeds $93 million.
The Commodity Exchange is a principal organ of state regulation of export-import operations in Turkmenistan.

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