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Iran’s Abadan Oil Refining Company sells various products at IRENEX

Oil&Gas Materials 16 December 2021 11:29 (UTC +04:00)
Iran’s Abadan Oil Refining Company sells various products at IRENEX

BAKU, Azerbaijan, Dec. 16

By Elnur Baghishov – Trend:

Iran’s Abadan Oil Refining Company sold 3,400 tons of CO and 2,075 tons of light naphtha 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.

According to the report, the company’s products have been sold on the domestic floor of the IRENEX.

The value of the products sold by the Abadan Oil Refining Company for the reporting month amounted to 490 billion rials (about $1.79 million).

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 307,027 rials, and the price of $1 is 272,697 rials.

Iran's Abadan Oil Refining Company processes 400,000 barrels of crude oil per day. The company produces various products, including, liquefied petroleum gas (LPG), gasoline, white oil, diesel, mazut, bitumen, solvents, sulfur, naphtha and other products.

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