BAKU, Azerbaijan, September 10. In total, 16,000 tons of various hydrocarbon products are to be on sale at the Iran Energy Exchange (IRENEX) on September 10, Trend reports.
So, Iranian Abadan Oil Refining Company’s 3,000 tons of CO and 3,000 tons of LCO products are on sale on the domestic floor of the IRENEX.
At the same time, 10,000 tons of liquefied gas (butane and propane) products are on sale on the international floor of the IRENEX:
Meanwhile, total sales at the Iran Energy Exchange (IRENEX) were 27.7 trillion rials (about $67.1 million) during the last Iranian week (September 2 through September 6, 2023), representing a 32 percent decrease from the previous week (August 26 through August 30, 2023).
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 442,052 rials and the price of $1 is 412,852 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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