Foreign and domestic businessmen purchased fuel and energy products at the auctions
11:06 10.02.2026 1846
Twenty-nine transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Business representatives from the United Arab Emirates, Turkey, Afghanistan, and Uzbekistan used foreign currency to purchase liquefied gas produced by the state-owned concerns Türkmennebit and Türkmenhimiýa, as well as urea and desulfurized diesel fraction produced at the processing facilities of the State Concern Turkmenchemistry.
Businessmen from Turkey and Ukraine also used foreign currency to purchase cottonseed oil soapstock, crude cottonseed fatty acids, undistilled crude cottonseed fatty acids, and plain-dyed and jacquard terry products.
The total value of the transactions exceeded USD 7,133,000.
Local businessmen purchased base oil, polypropylene, petroleum road bitumen (Turkmennebit), Portland cement, cotton yarn, raw silk, and wheat flour for the domestic market, totaling over 669 million 542 thousand manats.
Maxim Bortnikov – Managing Director at the Center for the Implementation of the Principles of Sustainable Development of Gazprombank:
“The theme of the International Conference held in Ashgabat is rather topical, as evidenced by the composition of its participants, including representatives of government agencies, large international organizations, banks, big gas companies, scientists, leading specialists and experts in the oil and gas sphere.
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Another well has been put into operation
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The Department of Geology and Geochemistry of Yagshigeldi Kakayev International University of Oil and Gas has developed an “Innovative hydraulic device for displacing air from the cavities of drill pipes”.
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