BAKU, Azerbaijan, December 10. Overall, 18,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on December 10, Trend reports.
Of the mentioned volume, over 17,000 tons will be on sale on the domestic ring of the energy exchange.
The following goods are to be offered:
- Iranian Tabriz Oil Refining Company’s 500 tons of iso-recycle, 500 tons of iso-feed, 424 tons of solvent-402 and 106 tons of solvent-404 products;
- Tehran Oil Refining Company’s 4,500 tons of heavy naphtha, 1,000 tons of LPG, 1,000 tons of iso-recycle and 212 tons of solvent-402 products;
- Tabas Parvadeh Coal Company’s 800 tons of heavy tar oil;
- Esfahan Oil Refining Company’s 8,000 tons of iso-recycle products.
Also, 1,000 tons of products will be on sale on the export ring of the IRENEX:
- Iran Chemical Industries Investment Company’s 500 tons of heavy distillate;
- Tabriz Petrochemical Company’s 500 tons of hydrocarbons (C7-C9) 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 457,730 rials and the price of $1 is 425,135 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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