TEHRAN, Iran, May 16. The National Iranian Oil Company is planning to launch the oil exchange, said the Managing Director of National Iranian Oil Company Mohsen Khojastehmehr, Trend reports.
"The NIOC in collaboration with Iran Energy Exchange (IRENEX) and the Central Bank collaboration, will provide the infrastructures for the oil exchange," he said in a press conference at the 26th edition of Iran International Oil, Gas, and Refining & Petrochemical Exhibition.
Khojastehmehr pointed out that the NIOC and Iran Energy Exchange will offer oil bonds to the public within the oil exchange to finance oil and gas projects.