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IRENEX shares data on sales of Iranol Oil Company at energy exchange

Oil&Gas Materials 4 November 2021 12:04 (UTC +04:00)

BAKU, Azerbaijan, Nov. 4

By Elnur Baghishov – Trend:

Iran's Iranol Oil Company sold products worth about 176 billion rials (about $662,000) 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 Iranol Oil Company sold light extracts (DAE10) and heavy extracts (DAE40) products on the domestic floor of the Iran Energy exchange.

Thus, the company has sold a total of 2,559 tons of products in a month.

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 308,294 rials, and the price of $1 is 266,227 rials.

As reported, Iranol Oil Company produces light and heavy extracts, motor oils and others.

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