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Iran's Energy Exchange announces products to be on sale on November 17

Oil&Gas Materials 17 November 2021 11:36 (UTC +04:00)

BAKU, Azerbaijan, Nov. 17

By Elnur Baghishov – Trend:

A number of hydrocarbon products will be on sale at the Iranian Energy Exchange (IRENEX) on November 17, Trend reports citing the IRENEX.

According to the IRENEX, Iranian Bandar Imam Petrochemical Company’s heavy distillate; Pars Petrochemical Company’s pentane plus; Tabas Parvadeh Coal Company’s coal; Shiraz Oil Refining Company’s iso recycle, iso feed, solvent 404, solvent 410 and unprocessed heavy naphtha products will be on sale on the domestic floor.

“Furthermore, the Methyl tert-butyl ether (MTBE) product of Iranian Bandar Imam Petrochemical Company; methanol of Fannavaran Petrochemical Company; hydrocarbons (A80) of Shazand Petrochemical Company will be sold on the international floor,” the IRENEX said.

Certain products on IRENEX may become available for sale at a later stage, but they are not listed in the initial release.

According to the IRENEX, on Nov. 16, Iranian Esfahan Oil Refining Company’s iso recycle; Tabriz Oil Refining Company’s iso feed; Bandar Imam Petrochemical Company’s liquefied gas; Persian Gulf Fajr Energy Company’s liquid nitrogen; Fannavaran Petrochemical Company’s methanol; Bushehr Petrochemical Company’s pentane plus; Bandar Abbas Oil Refining Company’s solvent 402; Shiraz Oil Refining Company’s light naphtha, solvent 404, and unprocessed heavy naphtha products were sold on the domestic floor.

“Also, naphtha product of the Iranian Lavan Petrochemical Company; naphtha of Persian Gulf Star Oil Company; processed residue of distillation tower (ATR-140) of Shazand Oil Refining Company were sold on the international floor,” the IRENEX said.

A total of 215,000 tons of goods worth more than 41.2 trillion rials (about $152 million according to the SANA system) were sold on Nov. 16.

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