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Iran Energy Exchange's offers on Feb. 26

Business Materials 26 February 2018 17:56 (UTC +04:00)

Baku, Azerbaijan, Feb. 26‎

By Gazenfer Hamidov – Trend:

The products traded at Iran Energy Exchange (IRENEX) on Feb. 26 are:

Domestic ring:

-1,320 tons of gas condensates from Ilam Gas Refining Company;

-150 tons of light fuel oil from Tabriz Petrochemical Company;

-250 tons of heavy cut from Tabriz Petrochemical Company;

-1,500 tons of heavy naphtha from Tehran Oil Refining Company;

-2,725 tons of methanol from Zagros Petrochemical Company;

-160 tons of Iso recycle from Shiraz Oil Refining Company;

-3 million liters of 402 solvent from Kermanshah Oil Refining Company;

-1.98 million liters of 402 solvent from Bandar Abbas Oil Refining Company.

Total value of the deals in the rings amounted to 190.52 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 = 37,200 rials on Feb. 26‎)

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