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IRENEX shares data on sales of Sepahan Oil Company in energy exchange

Oil&Gas Materials 23 October 2021 18:22 (UTC +04:00)
IRENEX shares data on sales of Sepahan Oil Company in energy exchange

BAKU, Azerbaijan, Oct. 23

By Elnur Baghishov – Trend:

Iran's Sepahan Oil Company sold products worth about 140 billion rials (about $527,000) 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 Sepahan Oil Company sold 1,790 tons of extracts 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 308,799 rials, and the price of $1 is 265,416 rials.

As reported, Iran's Sepahan Oil Company can produce 400,000 tons of base oil and about 700,000 tons of various hydrocarbon products a year.

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