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Iran’s IRENEX announces products to be on sale for September 18

Oil&Gas Materials 18 September 2023 07:10 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, September 17. More than 48,900 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on September 18, Trend reports.

Of the mentioned volume, 46,400 tons will be on sale on the domestic floor of the energy exchange.

The following goods are to be offered:

- Iranian Bistoon Petrochemical Company’s 15,000 tons of solvent-502;

- Esfahan Oil Refining Company’s 8,000 tons of iso-recycle;

- Bandar Abbas Oil Refining Company’s 5,000 tons of naphtha;

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

- Zagros Petrochemical Company’s 2,600 tons of methanol;

- Shiraz Petrochemical Company’s 2,500 tons of methanol;

- Kaveh Methanol Company’s 1,800 tons of methanol;

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

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

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

- Middle East Pars Petrochemical Company’s 1,000 tons of methanol;

- Tehran Oil Refining Company’s 1,000 tons of liquefied petroleum gas (LPG) and 700 tons of iso-recycle products;

- Shazand Oil Refining Company’s 750 tons of iso-recycle;

- Shimibaft Petrochemical Company’s 500 tons of MTBE;

- Zarand Iranian Steel Company’s 400 tons of tar;

- Tabriz Petrochemical Company’s 150 tons of mazut, 100 tons of heavy distillate, 42 tons of liquid nitrogen and 60 tons of pentane products;

- Razi Petrochemical Company’s 20 tons of gas condensate.

Also, 1,000 tons of Raffinate-2 and 1,500 tons of MTBE products belonging to Iranian Shimibaft Petrochemical Company will be on sale on the international floor of the IRENEX.

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 440,180 rials and the price of $1 is 412,799 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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