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Iran puts up over 170K tons of hydrocarbons for sale at its energy exchange on June 21

Oil&Gas Materials 21 June 2023 10:14 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, June 21. More than 172,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX), on June 21, Trend reports.

Of the mentioned volume, 14,000 tons will be on sale on the domestic floor of the energy exchange.

The following goods are to be offered:

- Iranian Persian Gulf Bid-Boland Gas Refining Company’s 4,000 tons of pentane;

- South Pars Gas Company’s 3,800 tons of gas condensate;

- Shazand Oil Refining Company’s 3,000 tons of CSO;

- Ilam Petrochemical Company’s 2,000 tons of pyrolysis gasoline;

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

- Kermanshah Oil Refining Company’s 200 tons of normal butane products.

At the same time, over 158,000 tons of products will be on sale on the international floor of the IRENEX:

- Iranian Persian Gulf Star Oil Company’s 70,000 tons of heavy naphtha and 30,000 tons of light naphtha products;

- Nouri Petrochemical Company’s 20,000 tons of Raffinate, 10,000 tons of light naphtha and 4,000 tons of heavy distillate products;

- Bouali Sina Petrochemical Company’s 12,000 tons of reformate, 7,000 tons of Raffinate and 3,270 tons of heavy hydrocarbon products;

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

- Fannavaran Petrochemical Company’s 600 tons of methanol;

- Shimibaft Petrochemical Company’s 500 tons of Raffinate-2 products.

Meanwhile, the value of total sales at the Iran Energy Exchange (IRENEX) amounted to 21.3 trillion rials (about $51.5 million), during the last Iranian week (June 10 through June 14, 2023). This is a decrease of 39.2 percent, compared to the previous week (June 3 through June 7, 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 450,182 rials, and the price of $1 is 412,939 rials.

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