Iran Energy Exchange performance on March 18

Business Materials 18 March 2018 17:26 (UTC +04:00)

Baku, Azerbaijan, March 18

By Gazenfer Hamidov – Trend:

The products traded at Iran Energy Exchange (IRENEX) on March 18 are:

International ring:

-2,000 tons of diesel from National Iranian Oil Products Distribution Company for Afghanistan.

Domestic ring:

-900,000 liters of 402 solvent from Kermanshah Oil Refining Company;

-1 million liters of 402 solvent from Isfahan Oil Refining Company;

-1,200 tons of Iso recycle from Bandar Abbas Oil Refining Company;

- 32,000 kilowatt hours of electricity from Ofogh Tamin Energy Toos ( Toos Steam Power Plant),

-17,000 kilowatt hours of electricity from Tadbirsazan Saramad (Urmia Power Plant).

Total value of the deals in the rings amounted to 109,780 million 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 = 37,700 rials on March 18‎)