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Iran Energy Exchange announces details of Bouali Sina Petrochemical Company’s sales

Oil&Gas Materials 10 October 2021 20:35 (UTC +04:00)
Iran Energy Exchange announces details of Bouali Sina Petrochemical Company’s sales

BAKU, Azerbaijan, Oct. 10

By Elnur Baghishov – Trend:

Iran's Bouali Sina Petrochemical Company sold products worth 1.88 trillion rials (about $6.93 million) at the Iran Energy Exchange (IRENEX) in the 1st month of the current Iranian year (March 21 through April 20, 2021), said the official IRENEX report obtained by Trend.

According to the IRENEX, the Bouali Sina Petrochemical Company sold 4,200 tons of reformate and 6,000 tons of heavy hydrocarbons on the domestic floor of the IRENEX during the reporting month.

In addition, the company sold 5,000 tons of reformate product on the international floor of the Iran Energy Exchange within first month.

As reported, Iran's Bouali Sina Petrochemical Company, which is located in Khuzestan Province (south-western Iran), can produce annually 180,000 tons of benzene, 40,000 tons of liquefied petroleum gas (LPG), 350,000 tons of light naphtha, 499,000 tons of heavy naphtha, 700,000 tons of white oil, various solvents, reformate and other products.

A total of 36 trillion rials (about $133 million) worth of products were sold at the IRENEX in the first month.

Reportedly, the products at Iran Energy Exchange (IRENEX) are sold under the SANA exchange rate.

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is currently 317,763 rials, and the price of $1 is 274,598 rials.

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