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Nearly 20,000 tons of hydrocarbons on sale at Iran Energy Exchange on June 10

Oil&Gas Materials 10 June 2023 10:06 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, June 10. More than 17,200 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX), on June 10, Trend reports.

Of the mentioned volume, over 16,600 tons will be on sale on the domestic floor of the energy exchange.

The following goods are to be offered:

- Iranian Shazand Oil Refining Company’s 5,000 tons of CSO;

- Abadan Oil Refining Company’s 4,000 tons of naphtha and 170 tons of solvent 410 products;

- Bandar Abbas Oil Refining Company’s 2,000 tons of iso recycle and 635 tons of solvent 402 products;

- Kermanshah Oil Refining Company’s 2,000 tons of distillation tower residue;

- Shiraz Oil Refining Company’s 1,000 tons of iso recycle, 500 tons of unprocessed heavy naphtha, 500 tons of iso feed and 148 tons of solvent 404 products;

- Tehran Oil Refining Company’s 700 tons of iso recycle products.

At the same time, 600 tons of methanol products belonging to the Iranian Kaveh Methanol Company will be on sale on the international floor of the IRENEX:

Meanwhile, the value of total sales at the Iran Energy Exchange (IRENEX) amounted to approximately 31.6 trillion rials (about $75 million), during the last Iranian week (May 27 through May 31, 2023). This is an increase of 77.5 percent, compared to the previous week (May 20 through May 24, 2023).

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 452,346 rials, and the price of $1 is 420,826 rials.

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