BAKU, Azerbaijan, Sept. 29
By Elnur Baghishov – Trend:
The sales of various oil and petrochemical products (excluding crude oil) at the Iran Energy Exchange (IRENEX) increased by 27 percent in terms of value during the first six months of the current Iranian year (March 21 through September 22, 2021), compared to the same period last Iranian year, Trend reports citing the statistics of the IRENEX.
According to the report, in total, about 610 trillion rials (about $2.25 billion) worth of products were sold at the IRENEX in 6 months. Meanwhile, in the same period last Iranian year, the figure stood at 482 trillion rials (about $1.8 billion).
“So, 1.17 million tons of products worth about 111 trillion rials (about $408 million) were sold on the domestic floor of the IRENEX within 6 months, which is an increase of 171 percent in terms of volume value and 5 percent in terms of volume compared to the same period last Iranian year. Meanwhile, in the same period last Iranian, a total of 1.12 million tons of products worth 40.8 trillion rials (about $151 million) had been sold on the domestic floor of Iran Energy Exchange,” the report said.
In addition, 2.64 million tons of products worth 311 trillion rials (about $1.15 billion) were sold on the international floor of the IRENEX over six months, which is a decrease of 19 percent in terms of value and 66 percent in terms of volume compared to the same period last Iranian year.
So, 7.8 million tons of products worth 388 trillion rials (about $1.41 billion) had been sold on the international floor of the Iran Energy Exchange in the same period last Iranian year, the IRENEX said.
Reportedly, the products at Iran Energy Exchange (IRENEX) are sold under the SANA exchange rate.
SANA exchange rate is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 317,148 rials, and the price of $1 is 271,491 rials.
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