BAKU, Azerbaijan, December 27. Overall, 50,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on December 27, Trend reports.
Of the mentioned volume, 8,190 tons will be on sale on the domestic ring of the energy exchange.
The following goods are to be offered:
- Iranian Persian Gulf Bid-Boland Gas Refining Company’s 4,000 tons of pentane and 400 tons of butane products;
- Shiraz Oil Refining Company’s 1,000 tons of iso-feed;
- Bandar Abbas Oil Refining Company’s 848 tons of solvent-402;
- Pars Petrochemical Company’s 506 tons of pentane plus;
- Iran Chemical Industries Investment Company’s 500 tons of heavy distillate and 500 tons of Raffinate products;
- Abadan Oil Refining Company’s 300 tons of butane;
- Bandar Imam Petrochemical Company’s 138 tons of MTBE products.
Moreover, 41,900 tons of products will be on sale on the export ring of the IRENEX:
- Iranian Shazand Petrochemical Company’s 10,000 tons of pyrolysis gasoline;
- Bouali Sina Petrochemical Company’s 10,000 tons of naphtha;
- Shazand Oil Refining Company’s 10,000 tons of RCD (Reduced Crude Desulfurization) unit’s processed residue;
- Esfahan Oil Refining Company’s 8,000 tons of LPG;
- Persian Gulf Bid-Boland Gas Refining Company’s 3,000 tons of pentane;
- Fannavaran Petrochemical Company’s 600 tons of methanol;
- Bandar Imam Petrochemical Company’s 276 tons of MTBE products.
Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.
The SANA system is a currency exchange system implemented by the Central Bank of Iran in which the price of one euro is 473,790 rials and the price of one dollar is 429,349 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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