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IRENEX shares data on sales of Iranol Oil Company

Oil&Gas Materials 30 November 2021 17:56 (UTC +04:00)

BAKU, Azerbaijan, Nov. 30

By Elnur Baghishov – Trend:

The Iranol Oil Company sold a total of 3,016 tons of products at the Iran Energy Exchange (IRENEX) in the 2nd month of the current Iranian year (April 21 through May 21, 2021), said the official IRENEX report obtained by Trend.

Thus, the Iranol Oil Company has sold 2,756 tons of products on the domestic floor, while 260 tons on the international floor of the IRENEX in the second month.

According to the IRENEX, the value of the company’s sales amounted to about 201 billion rials (about $756,000).

The company's light extract (DAE10) and heavy extract (DAE40) products were sold at the energy exchange for the reporting period.

A total of 71.2 trillion rials (about $260 million) worth of products were sold at the Iran Energy Exchange in the 2nd month of the current Iranian year.

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 299,953 rials, and the price of $1 is 266,350 rials.

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

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