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Energy Exchange of Iran announces products to be on sale for Feb. 24

Oil&Gas Materials 24 February 2024 10:18 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, February 24. Over 47,000 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on approximately February 24, Trend reports.

Of the mentioned volume, 45,400 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to be offered:

- Iranian Esfahan Oil Refining Company’s 30,000 tons of white oil, 5,000 tons of iso-recycle products;

- Kermanshah Oil Refining Company’s 5,000 tons heavy naphtha;

- Elixir Halal Assaluyeh Petrochemical Company’s 2,000 tons of Raffinate, 200 tons of normal hexane and 90 tons of normal pentane products;

- Tabriz Oil Refining Company’s 500 tons iso-feed, 500 tons iso-recycle, 424 tons of solvent-402 and 106 tons of solvent-404 products;

- Abadan Oil Refining Company’s 500 tons of iso-feed;

- Khouzestan Steel Company’s 440 tons of liquid oxygen, 440 tons of liquid nitrogen products;

- Saba Tec Bahar Pardis Company’s 200 tons of heavy tar oil products.

Also, 1,770 tons of solvent-402 products belonging to the Iranian Esfahan Oil Refining Company will be on sale on the Iran Energy Exchange's export ring.

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 464,729 rials and the price of one dollar is 429,203 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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