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Iran's Energy Exchange announces products to be on sale on May 11

Oil&Gas Materials 10 May 2022 18:39 (UTC +04:00)
Iran's Energy Exchange announces products to be on sale on May 11
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, May 10. About 312,000 tons of hydrocarbon products will be on sale at the Iranian Energy Exchange (IRENEX) on May 11, Trend reports citing the IRENEX.

According to the report, Iranian Pars Petrochemical Company’s pentane plus; National Iranian Oil Products Distribution Company’s white oil; Abadan Oil Refining Company’s light naphtha products will be on sale on the domestic floor.

“Furthermore, the Methyl tert-butyl ether (MTBE) product of the Iranian Bandar Imam Petrochemical Company; hydrocarbons (C7-C9) of Tabriz Petrochemical Company; the Raffinate-2 product of Shimibaft Petrochemical Company will be sold on the international floor,” the report 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 report, the following products were sold on domestic floor of the Iran Energy Exchange on May 10:

- Iranian Bandar Imam Petrochemical Company’s heavy distillate, industrial butane gas, liquefied gas products;

- Amir Kabir Petrochemical Company’s heavy distillate;

- Shazand Petrochemical Company’s heavy distillate;

- Shiraz Oil Refining Company’s solvent 404 and solvent 410 products;

- Esfahan Oil Refining Company’s solvent 402 and solvent 502 products;

- Tabriz Oil Refining Company’s solvent 402;

- Coal Tar Refining Company’s heavy tar oil;

- Bouali Sina Petrochemical Company’s reformate;

- Esfahan Steel Company’s tar;

- Marjan Petrochemical Company’s methanol;

- Persian Gulf Fajr Energy Company’s liquid nitrogen products.

As well as reformate product of Iranian Bouali Sina Petrochemical Company; and methanol products of Fannavaran Petrochemical Company were sold on the international floor.

A total of about 6,290 tons of goods worth about 1.03 trillion rials (about $3.98 million according to the SANA system) were sold on May 10.

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