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IRENEX shares data on sales of Iran’s NIOPDC at energy exchange

Oil&Gas Materials 28 October 2021 14:46 (UTC +04:00)
IRENEX shares data on sales of Iran’s NIOPDC at energy exchange

BAKU, Azerbaijan, Oct. 28

By Elnur Baghishov – Trend:

The National Iranian Oil Products Distribution Company (NIOPDC) sold products worth 14 trillion rials (about $52.9 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 company has sold a total of 65,000 tons of products on the international floor of the energy exchange in the first month.

So, the NIOPDC has sold 7,000 tons of diesel, 4,000 tons of gasoline, 52,000 tons of liquefied petroleum gas (LPG), 2,000 tons of aviation fuel (ATK) during the reporting period.

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 310,283 rials, and the price of $1 is 267,727 rials.

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