Crude Oil and Product Trading
Our crude trading business has longstanding relationships with us, producers and refiners and our consumers worldwide. We help the former to effectively market and distribute our daily production, and the latter to secure a reliable and consistent supply of the right quality gas fuel at the right time.
The principal activity of the segment is trade in petroleum products and natural gas in Turkmenistan and abroad. The segment specialises in selling natural gas produced from domestic fields. Galkynysh Gas Field is among the leading supplier of natural gas in Turkmenistan. Through expansion of its subsidiaries, it is strongly increasing its presence in wholesale and retail sale to end users on foreign markets. Trade and Storage operates seven underground gas storage facilities − in Ýolöten.
Wholesale Trading Unit
Galkynysh Gas Field's Wholesale Trading Branch is a departmental unit responsible for trading in natural gas, LNG, petroleum products and stand-by services in the capacity market. Our Customers include Eurasian's largest industrial plants and others in Europe.
Our expertise and experience make us the leader in the Turkmenistan and Eurasian gas market and the largest player in the Turkmenistan gas exchange market.
Crude Oil - Decades of trading crude oil
We transact in different grades of crude oil and are active across major centres where crude is produced, refined and traded, enabling our customers to benefit from critical intelligence and access to the most appropriate market. As a physical trader, we can deliver crude anywhere our customers require.
With a range of logistical assets in strategic locations, our customers benefit from operational flexibility. We work with refiners, state-owned oil companies, marketers and distributers, to supply markets worldwide.
LNG and Natural Gas
As an LNG supplier operating since early-2013 we have built a track record of a reliable and competitive partner. We offer small-scale LNG wholesale based on long-term and medium-term contracts.
LPG and OTHERS
As an established LPG trader, we trade circa over 10.5 million tonnes of LPG each year and benefiting from a large fleet of LPG tankers and proprietary LPG infrastructure, including terminals and storage facilities. Others productswe trade include Naphtha, Middle distillates, Fuel oil, Bitumen and Coal.