Turkmenistan oil product exports decreased by 35 percent in 2015, to around 2.5 million tons, according to data compiled by Legion Oil & Gas LLC.
Sales levels at the same time were stable compared to 2014, at 4.6 million tons.
“Loadings were almost twice lower compared to sales in 2015, which shows that is it easy to buy products in Turkmenistan, but hard to actually deliver them overseas,” commented Legion Oil & Gas LLC project manager Denis Varaksin. “That is why it is important to have a reliable partner such as DYM, with special expertise and a local presence in Turkmenistan,” he added.
Fuel oil exports almost halved, while naphtha and base oils export loadings rose.
Amounts: Sales vs shipments, Turkmenistan, 2015
Legion Oil & Gas LLC is an independent trading company specializing in niche oil products. Legion Oil & Gas LLC’ key business activities are in base oils, petroleum coke (petcoke), slack waxes, paraffins, coal chemicals and petrochemicals. LEGION Oil & Gas LLC has a strong presence in Central Asia, Russia and Eastern Europe.
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