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Iran’s Shiraz Oil Refining Company sells various products at energy exchange

Oil&Gas Materials 22 December 2021 11:05 (UTC +04:00)
Iran’s Shiraz Oil Refining Company sells various products at energy exchange

BAKU, Azerbaijan, Dec. 22

By Elnur Baghishov – Trend:

The Iranian Shiraz Oil Refining Company sold products worth about 112 billion rials (about $416,000) 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 Shiraz Oil Refining Company sold 620 tons of iso feed, 270,000 liters of solvent 404 products on the domestic floor of the IRENEX in the 2nd month.

The company also sold 200 tons of iso recycle product on the international floor of the Iran Energy Exchange over the reporting month.

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 304,777 rials, and the price of $1 is 269,840 rials.

Iran's Shiraz Oil Refining Company is located in the Fars Province (southern Iran). The company can process 40,000 barrels of crude oil daily. In general, the company produces liquefied petroleum gas (LPG), gasoline, aviation fuel, diesel, mazut, iso recycle, iso feed, bitumen, sulfur, and others.

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