Turkmenistan accounted for 100% of aviation fuel imported by Georgia in October, Trend reports citing the Georgian Oil Products Importers Union.
Georgia reportedly imported 2,100 tons of jet fuel from Turkmenistan in October.
The exported aviation fuel is produced at the Turkmenbashi Complex of Oil Refineries (TCOR). The supplier of aviation fuel grades TS-1 and Jet A-1 that are produced at the Complex to the foreign markets is Turkmen Petroleum.
TCOR jet fuel is regularly put up for exchange trading at the State Commodity and Raw Materials Exchange of Turkmenistan. According to the exchange’s quotation on Monday, the price of a ton of TS-1 jet fuel is $350.
Turkmen Petroleum company, which has been the trading arm of the TCOR since 2016, has delivered over 500 thousand tons of various oil products to foreign markets in the first 9 months of this year.
The company has branches in Dubai (United Arab Emirates) and Frankfurt am Main (Germany).
The list of products sold by the company in Europe and Central Asia includes heating oil, A-92 motor gasoline, diesel fuel, including the ECO-5 diesel.