Baku, Azerbaijan, Dec. 16
By Fatih Karimov – Trend:
The products traded at Iran Energy Exchange (IRENEX) on Dec. 16 are:
International ring:
-1,665 cubic meters of 402 solvent from Isfahan Oil Refining Company;
Domestic ring:
- 75 tons of methanol from Zagros petrochemical company;
-1,500 tons of Iso Recycle from Tehran Oil Refining Company;
-1.1 million liters of 402 solvent from Tehran Oil Refining Company;
-150 tons of propane from Tehran Oil Refining Company;
-120 tons of liquid gas from Imam Khomeini Petrochemical Company;
-506 tons of naphtha heavy end from Imam Khomeini Petrochemical Company;
-2.142 million liters of 402 solvent from Tabriz Oil Refining Company;
-130 tons of Iso Feed from Tabriz Oil Refining Company;
-120 cubic meters of 404 solvent from Tabriz Oil Refining Company;
Total value of the deals in the rings amounted to 139.985 billion rials (1 USD = 35,000 rials).
IRENEX is a market for trading energy futures and commodities, including oil, gas, electricity, petrochemicals and oil byproducts. It was launched in 2013 as the fourth official Iranian exchange and operates under the supervision and regulations of the Securities and Exchange Organization of Iran.
More than 100 companies, including petrochemical plants, refineries and power plants offer their commodities at the exchange, according to the IRENEX website.