BAKU, Azerbaijan, September 3. Nearly 53,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on September 3, Trend reports.
Of the mentioned volume, 12,900 tons will be on sale on the domestic floor of the energy exchange.
The following goods are to be offered:
- Iranian Bandar Abbas Oil Refining Company’s 5,000 tons of naphtha and 2,000 tons of iso-recycle products;
- South Pars Gas Company’s 3,000 tons of light hydrocarbons;
- Shazand Oil Refining Company’s 1,000 tons of normal hexane;
- Esfahan Oil Refining Company’s 500 tons of normal hexane, 360 tons of solvent-402, 356 tons of solvent-502, 356 tons of solvent-503, 178 tons of solvent-410 and 178 tons of solvent 400 products.
At the same time, 40,000 tons of products will be on sale on the international floor of the IRENEX:
- Iranian Abadan Oil Refining Company’s 35,000 tons of diesel;
- National Iranian Oil Products Distribution Company’s 4,000 tons of white oil;
- Shimibaft Petrochemical Company’s 1,000 tons of Raffinate-2 products.
Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.
SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 444,896 rials and the price of $1 is 412,869 rials.
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 increase exports.
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