Iran sells second furnace fuel oil cargo in oil exchange
Azerbaijan , Baku, June21 / Trend/
The second furnace fuel oil cargo of 35,000 tons was sold at $626.80 per ton in international oil exchange at Kish Island in Tuesday, SHANA reported.
The Bandar Abbas Oil Refining Company (BAORCO) put 35,000 tons of furnace fuel oil in international oil exchange at Kish Island.
The final value of trade was $21,938 million and the customer will pay the price in euro.
Iran 's fourth attempt to sell furnace fuel oil cargo was successful in Oil exchange with 70,000 tons demands.
The customer can pay 20 percent of the payment and have time to pay the rest of the money 2 days prior to first shipment.
Managing Director of National Iranian Oil Company Ahmad Ghalebani said earlier that Iran would put crude oil in oil exchange in July.
Iran has OPEC's second-highest oil output, and ranks second in the world in terms of natural gas reserves after Russia.