BAKU, Azerbaijan, September 12. A total of 149,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on September 12, Trend reports.
Of the mentioned volume, approximately 37,900 tons will be on sale on the domestic floor of the energy exchange.
The following goods are to be offered:
- Iranian Esfahan Oil Refining Company’s 8,000 tons of iso-recycle;
- Shazand Petrochemical Company’s 5,000 tons of pyrolysis gasoline;
- Bouali Sina Petrochemical Company’s 3,000 tons of Raffinate, 3,000 tons of heavy hydrocarbons and 3,000 tons of reformate products;
- Bandar Abbas Oil Refining Company’s 3,000 tons of naphtha, 2,000 tons of butane, 2,000 tons of iso-recycle and 110 tons of heavy distillate products;
- Khangiran Gas Refining Company’s 3,000 tons of gas condensate;
- Tehran Oil Refining Company’s 1,000 tons of iso-recycle and 1,000 tons of liquefied petroleum gas (LPG) products;
- Tabriz Oil Refining Company’s 500 tons of iso-feed and 500 tons of iso-recycle products;
- Tabas Parvadeh Coal Company’s 600 tons of tar oil;
- Amir-Kabir Petrochemical Company’s 500 tons of heavy distillate;
- Khuzestan Steel Company’s 506 tons of liquid nitrogen and 198 tons of liquid oxygen products;
- Tabriz Oil Refining Company’s 423 tons of solvent-402;
- Persian Gulf Fajr Energy Company’s 200 tons of liquid nitrogen;
- Bandar Imam Petrochemical Company’s 200 tons of liquefied gas;
- Bushehr Petrochemical Company’s 110 tons of pentane plus;
- Razi Petrochemical Company’s 40 tons of gas condensate products.
Furthermore, over 111,000 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;
- Bouali Sina Petrochemical Company’s 10,000 tons of Raffinate, 30,000 tons of heavy hydrocarbons, 7,000 tons of Raffinate-2 and 1,000 tons of LPG products;
- Persian Gulf Star Oil Company’s 15,000 tons of LPG;
- Khark Petrochemical Company’s 10,000 tons of propane and butane gas;
- Shimibaft Petrochemical Company’s 3,000 tons of Raffinate-2;
- Tabriz Petrochemical Company’s 200 tons of pentane products.
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 443,478 rials and the price of $1 is 412,827 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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