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IRENEX discloses value of products sold on international floor of Iran Energy Exchange

Oil&Gas Materials 1 November 2021 18:11 (UTC +04:00)

BAKU, Azerbaijan, Nov. 1

By Elnur Baghishov – Trend:

In total, 35.7 trillion rials (about $132 million) worth of products were sold on the international floor of the Iranian Energy Exchange (IRENEX) in the first month of the current year (March 21 through April 20, 2021), said the official IRENEX report obtained by Trend.

According to the report, about 328,000 tons of products were sold on the international floor of the exchange in the first month.

A number of products, including, Raffinate 2, naphtha, gasoline, diesel, heavy hydrocarbon, reformate, distillation tower residue, iso recycle, liquefied petroleum gas (LPG), hydrocarbons (C7-C9), solvent 402, light naphtha, aviation fuel (ATK) and other products were sold on the international floor of Iran Energy Exchange.

The mentioned products were sold by Lavan Oil Refining Company, Shimibaft Petrochemical Company, National Iranian Oil Products Distribution Company, Bouali Sina Petrochemical Company, Kermanshah Oil Refining Company, Shiraz Oil Refining Company, Tabriz Petrochemical Company, Shazand Oil Refining Company, Esfahan Oil Refining Company, Persian Gulf Star Oil Company.

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 306,077 rials, and the price of $1 is 264,676 rials.

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