BAKU, Azerbaijan, September 23. In total, 10,500 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on September 23, Trend reports.
According to the IRENEX, the mentioned volume of products 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 liquefied petroleum gas (LPG);
- Abadan Oil Refining Company’s 5,000 tons of LPG;
- Mahdiabad Lead and Zinc Mines Development Company’s 400 tons of coal;
- Bistoon Petrochemical Company’s 100 tons of various hydrocarbon products.
Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.
The SANA system is a system introduced by the Central Bank of Iran to the currency exchange outlets, where the price of 1 euro is 439,009 rials and the price of $1 is 411,836 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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