Baku, Azerbaijan, May 5
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 5 are:
International ring:
- 2,000 tons of kerosene from National Iranian Oil Products Distribution Company;
- 1,000 tons of aviation fuel (ATK) from National Iranian Oil Products Distribution Company.
Domestic ring:
- 600 tons of Iso feed from Tabriz Oil Refining Company;
- 950 tons of Iso recycle from Tabriz Oil Refining Company;
-4.2 million liters of 402 solvent from Tabriz Oil Refining Company;
-1,000 tons of industrial liquid gas from Bandar Imam Petrochemical Company;
-3 million liters of raffinate from Kermanshah Oil Refining Company.
Total value of the deals in the rings amounted to 335.71 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 = 42,000 rials on May 5)