Baku, Azerbaijan, May 8
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 8 are:
Domestic ring:
- 2,000 tons of heavy naphtha from Tehran Oil Refining Company;
- 10,000 cubic meters of light naphtha from Tehran Oil Refining Company;
- 8,000 cubic meters of CSO from Shazand Oil Refining Company;
- 4,350 tons of methanol from Zagros Petrochemical Company;
- 1,000 tons of heavy cut from Jam Petrochemical Company;
- 150 tons of fuel oil from Tabriz Petrochemical Company;
- 100 tons of heavy cut from Tabriz Petrochemical Company;
- 216 tons of pentane from Tabriz Petrochemical Company;
- 2,000 tons of reformate from Bou-Ali-Sina Petrochemical Company;
- 2,002 tons of gas condensate of Khangiran Gas Refining Company with the S-500 grade;
- 5,016 tons of gas condensate from Ilam Gas Refining Company;
- 2,541 tons of methanol from Shiraz Petrochemical Company.
Total value of the deals in the rings amounted to 770.76 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 8)