Baku, Azerbaijan, Dec. 26
By Fatih Karimov – Trend:
The products traded at Iran Energy Exchange (IRENEX) on Dec. 26 are:
International ring:
- 1,500 cubic meters of 402 solvent from Tabriz Oil Refining Company.
Domestic ring:
- 30,000 liters of 410 solvent from Esfahan Oil Refining Company;
- 150 tons of methanol from Zagros Petrochemical Company;
-198 tons of pentane plus from Pars Petrochemical Company;
- 1,408 tons of methanol from Shiraz Petrochemical Company;
-1,495 tons of heavy cut from Shazand Petrochemical Company;
- 112,000 kilowatt hours of electricity from Saba South West Power Generation Company.
Total value of the deals in the rings amounted to 86.72 billion 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.
(1 USD = 35,900 rials on Dec. 26)