BAKU, Azerbaijan, February 19. Over 62,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on February 19, Trend reports.
Of the mentioned volume, 17,100 tons will be on sale on the domestic ring of the energy exchange.
The following goods are to be offered:
- Iranian Shazand Oil Refining Company’s 4,000 tons of CSO;
- Zagros Petrochemical Company’s 3,300 tons of methanol;
- Kaveh Methanol Company’s 1,500 tons of methanol;
- Shazand Oil Refining Company’s 1,000 tons of normal hexane;
- Arta Energy Company’s 1,000 tons of methanol;
- Shimibaft Petrochemical Company’s 1,000 tons of MTBE;
- Bushehr Petrochemical Company’s 1,000 tons of methanol and 450 tons of liquid nitrogen products;
- Fannavran Petrochemical Company’s 1,000 tons of methanol;
- Bolour Kavir Mines & Mining Industries Development Company’s 1,000 tons of coal;
- Amir Kabir Petrochemical Company’s 500 tons of heavy distillate;
- Bandar Imam Petrochemical Company’s 276 tons of MTBE;
- Iranol Oil Company’s 208 tons of heavy extracts (DAE-40) and 208 tons of light extracts (DAE-10);
- Tabriz Petrochemical Company’s 200 tons of Raffinate, 100 tons of heavy distillate, 60 tons of pentane and 42 tons of liquid nitrogen products;
- Sabalan Petrochemical Company’s 200 tons of methanol;
- Pasagard Steel Alloy Industries Company’s 100 tons of liquid oxygen products.
Also, over 45,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Iranian Nouri Petrochemical Company’s 12,000 tons of light naphtha;
- Shazand Petrochemical Company’s 10,000 tons of pyrolysis gasoline;
- Persian Gulf Star Oil Company’s 8,000 tons of LPG and 5,000 tons of butane gas products
- Bandar Abbas Oil Refining Company’s 6,000 tons of LPG;
- Shimibaft Petrochemical Company’s 3,000 tons of MTBE;
- Bandar Imam Petrochemical Company’s 1,030 tons of MTBE;
Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.
SANA system is a currency exchange system implemented by the Central Bank of Iran in which the price of one euro is 462,543 rials and the price of one dollar is 429,212 rials.
The sale of hydrocarbons at the Iran Energy Exchange is critical to the country's economy. Iran hopes to enhance exports and give hydrocarbon products to local enterprises through energy exchange.
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