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Iran Energy Exchange shares data on sales of Iran’s Jam Petrochemical Company

Oil&Gas Materials 16 October 2021 11:59 (UTC +04:00)
Iran Energy Exchange shares data on sales of Iran’s Jam Petrochemical Company

BAKU, Azerbaijan, Oct. 16

By Elnur Baghishov – Trend:

The Iranian Jam Petrochemical Company sold products worth 131 billion rials (about $498,000) 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 Jam Petrochemical Company sold 1,700 tons of heavy distillate on the domestic floor of the Iran Energy exchange.

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

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

The 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 305,126 rials, and the price of $1 is 263,173 rials.

As reported, Iran’s Jam Petrochemical Company produces butadiene, butene, high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE) and olefin products.

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