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National Iranian Gas Company to put up LPG on sale at IRENEX

Oil&Gas Materials 26 September 2022 11:48 (UTC +04:00)
National Iranian Gas Company to put up LPG on sale at IRENEX
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, September 26. The National Iranian Gas Company (NIGC) will put up 303,000 tons of liquefied petroleum gas (LPG) for sale on the international floor of the Iran Energy Exchange (IRENEX), on September 28, 2022, Trend reports citing the IRENEX’s website.

Of this, 300,000 tons belong to Iran’s South Pars Gas Company (SPGC), and 3,000 tons to the Sarkhoon Qeshm Gas Refining Company.

Iran’s South Pars Gas Company and Sarkhoon Qeshm Gas Refining Company are subsidiaries of the National Iranian Gas Company.

According to the report, the base price of each barrel of LPG is $440, while the selling price is $640.

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