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Iran's Energy Exchange announces products to be on sale on February 1

Oil&Gas Materials 1 February 2023 11:28 (UTC +04:00)
Iran's Energy Exchange announces products to be on sale on February 1
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, February 1. About 84,500 tons of hydrocarbon products will be on sale at the Iranian Energy Exchange (IRENEX), on February 1, Trend reports citing the IRENEX.

According to the report, 12,500 tons of products will be on sale on the domestic floor.

The following goods are to be offered on this floor:

- Iranian Ilam Gas Refining Company’s gas condensate;

- Persian Gulf Bid-Bolan Gas Refining Company’s pentane;

- Pars Petrochemical Company’s pentane plus;

- Bistoon Petrochemical Company’s hydrocarbons;

- Esfahan Oil Refining Company’s solvent 402 and solvent 503 products;

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

At the same time, about 72,000 tons of products will be on sale on the international floor of the IRENEX.

The following goods are to be offered on this floor:

- Iranian Persian Gulf Star Oil Company’s approximately 28,900 tons of solvent 402 and 35,000 tons of naphtha products;

- Persian Gulf Bid-Boland Gas Refining Company’s 3,000 tons of pentane;

- Bistoon Petrochemical Company’s 2,600 tons of Raffinate;

- Bandar Imam Petrochemical Company’s 1,000 tons of Methyl tert-butyl ether (MTBE);

- Pars Petrochemical Company’s 1,000 tons of pentane plus;

- Shimibaft Petrochemical Company’s 500 tons of MTBE products.

In total, 47,800 tons of products worth 8.49 trillion rials (about $27.7 million according to the SANA system) were sold at the Iran Energy Exchange, on January 31.

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 333,265 rials, and the price of $1 is 306,930 rials.

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