DYM Resources project manager Denis Varaksin spoke at the Argus Base Oils and Lubricants Conference
At the same time, Group I base oils are losing market share in the United Arab Emirates and India, due to growing other supplies, according to DYM research.
Turkmenistan base oils have become more attractive to UAE markets after the launch of a new railroad line via Gorgan, Iran along the Caspian Sea. This new line cuts delivery times and costs for Turkmenistan SN 180, SN 350 and SN 600 base oils.
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