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Over 75,000 tons of hydrocarbon products on sale at Iran Energy Exchange on June 26

Oil&Gas Materials 26 June 2023 10:18 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, June 26. Approximately 76,400 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX), on June 26, Trend reports.

Of the mentioned volume, about 20,900 tons will be on sale on the domestic floor of the energy exchange.

The following goods are to be offered:

- Iranian Abadan Oil Refining Company’s 4,000 tons of naphtha, 4,000 tons of LCO, 3,000 tons of CO, and 2,000 tons of iso feed products;

- Zarand Iranian Steel Company’s 500 tons of tar;

- Middle East Mines and Minerals Industries Development Holding Company’s 2,000 tons of coal concentrate;

- Zagros Petrochemical Company’s 3,000 tons of methanol;

- Marjan Petrochemical Company’s 1,000 tons of methanol;

- Bushehr Petrochemical Company’s 1,000 tons of methanol;

- Esfahan Oil Refining Company’s 360 tons of solvent 402 products.

At the same time, 30,000 tons of light naphtha, 15,000 tons of LPG and 10,500 tons of white oil products belonging to the Iranian Persian Gulf Star Oil Company will be on sale on the international floor of the IRENEX.

The sale of hydrocarbon products at the Iran Energy Exchange is of great importance to the country’s economy. Through the energy exchange, Iran seeks to provide hydrocarbon products needed by local companies, as well as to increase exports.

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 449,293 rials, and the price of $1 is 412,843 rials.

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