Baku, Azerbaijan, Jan. 29
By Fatih Karimov – Trend:
The products traded at Iran Energy Exchange (IRENEX) on Jan. 29 are:
Domestic ring:
-150 tons of light fuel oil from Tabriz Petrochemical Company;
-300 tons of heavy cut from Tabriz Petrochemical Company;
-3,300 tons of methanol from Zagros Petrochemical Company.
Total value of the deals in the rings amounted to 57.49 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 = 36,900 rials on Jan. 29)