BAKU, Azerbaijan, December 3. About 25,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on December 3, Trend reports.
Of the mentioned volume, 15,400 tons will be on sale on the domestic ring of the energy exchange.
The following goods are to be offered:
- Iranian Bistoon Petrochemical Company’s 8,000 tons of solvent-502;
- Tabriz Oil Refining Company’s 2,750 tons of white oil;
- Ilam Oil Refining Company’s 2,000 tons of pyrolysis gasoline;
- Sepahan Oil Company’s 1,010 tons of extracts;
- Bandar Abbas Oil Refining Company’s 848 tons of solvent-402;
- Tabas Parvadeh Coal Company’s 800 tons heavy tar oil;
- Iran Chemical Industries Investment Company’s 500 tons of Raffinate products.
At the same time, 9,500 tons of products will be on sale on the export ring of the IRENEX:
- Iranian Esfahan Oil Refining Company’s 6,000 tons of LPG;
- Shimibaft Petrochemical Company’s 3,500 tons of Raffinate-2 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 457,781 rials and the price of $1 is 420,781 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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