Baku, Azerbaijan, May 16
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 16 are:
Domestic ring:
-5,016 tons of gas condensate from Ilam Gas Refining Company;
-120,000 liters of 410 solvent from Abadan Oil Refining Company;
-3,000 cubic meters of Kerosene from National Iranian Oil Products Distribution Company.
Total value of the deals in the rings amounted to 234.87 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 16)