Foreign and domestic businessmen purchased fuel and energy products at the auctions
17:40 06.04.2026 1972
Last week, 26 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan.
Business representatives from the United Arab Emirates, Afghanistan, Georgia, and Uzbekistan purchased base oil and polypropylene produced at the processing facilities of the State Concern Turkmennebit for foreign currency.
Cotton yarn, wheat flour, licorice root extract, and bedding sets were also sold for foreign currency. The purchasing countries included the United Arab Emirates, Turkey, and Serbia.
The total transaction value exceeded $4 million.
Domestic entrepreneurs purchased base oil and polypropylene (SC Turkmennebit), technical sulfur (SC Turkmengas), as well as wheat flour, crude fatty acids of cotton soapstock, cotton fabric, textile waste for a total of more than 124 million 806 thousand manats on the domestic market.
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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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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